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China Merchants China Direct reaps RMB 1 bln via share sales

Jul. 20, 2009 (China Knowledge) - China Merchants China Direct Investments Ltd<0133> recently said that it reaped about RMB 1 billion by selling shares of Industrial Bank Co<601166> and China Merchants Bank Co<600036><3968> in the period from Dec. 15, 2008 to Jun. 30, 2009, sources reported. The company said in a statement that it sold 30.20 million shares of Industrial Ba

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