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Sunday, October 20, 2019

Tag: share sales

ZTE’s controlling shareholder plans stake sale after stock rebound

The stock has almost doubled in value, and state-owned controlling shareholder Zhongxingxin Telecom plans to sell up to 2% of its stake within 90 days.

Hong Kong defies market slump with biggest-ever summer IPO haul

Companies including Xiaomi Corp. and China Tower Corp. have completed US$19.2 billion of first-time share sales initial public offerings since the beginning of June.

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