China Business News: JPMorgan raises H-share holding in ICBC to 5.03%

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JPMorgan raises H-share holding in ICBC to 5.03%

Jun. 9, 2009 (China Knowledge) - U.S.-based financial holding company JPMorgan Chase & Co has raised its H-share holding in Industrial and Commercial Bank of China (ICBC)<601398><1398> to 5.03% from the previous 4.97%, according to the bourse operator Hong Kong Exchanges and Clearing (HKEx)<0388>.Information from HKEx showed that JPMorgan bought 49.3 million H-shares in ICBC

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