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Latest News :2010.02.09 Search News Or

JPMorgan cuts shareholding in two Chinese firms

Jul. 22, 2009 (China Knowledge) - U.S.-based financial holding company JPMorgan Chase & Co recently cut its shareholding in two Chinese companies, according to the bourse operator Hong Kong Exchanges and Clearing (HKEx)<0388>. JPMorgan lowered its shareholding in Angang Steel Co Ltd<000898><0347> to 9.84% from the previous 10.01%, selling 1.87 million H shares in the company

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