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Yue Xiu sells off HK$475m stake in subsidiary, THE STANDARD.
Publication: Finance Wire Publication Date: 29-JAN-04 |
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COPYRIGHT 2004 FDCH e-media
Original Source: Emerging Markets Datafile
Yue Xiu Enterprises cashed in for a quick HK$475 million on shares of its subsidiary Guangzhou Investment Company yesterday as analysts said the plunge in the previously buoyant stock market could put paid to placements for the time being.
The strategic investor sold 500...
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