China Business News: Mirae Asset cuts stake in Shanghai Electric to 6.91%

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Mirae Asset cuts stake in Shanghai Electric to 6.91%

Jun. 11, 2009 (China Knowledge) - Mirae Asset Global Investments (Hong Kong) Ltd, a subsidiary of Seoul-based Mirae Asset Financial Group, has reduced its H-share shareholding in Shanghai Electric Group Co Ltd<601727><2727> to 6.91% from the previous 7.08%, according to the bourse operator Hong Kong Stock Exchange (HKEx).Information from HKEx showed that Mirae Asset on Jun. 4 sold 5.04

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