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Baring Asset cuts stake in China Shipping Development

Jul. 16, 2009 (China Knowledge) - Baring Asset Management Ltd, a global investment management firm, recently cut its H-share holding in China Shipping Development Co Ltd<600026><1138> to 5.98% from the previous 6.16%, according to the bourse operator Hong Kong Exchanges and Clearing<0388>. HKEx said that Baring Asset sold 2.31 million H shares of China Shipping Development on Ju

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