China Business News: Capital Group sells 15 mln H shares of China Shenhua

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Capital Group sells 15 mln H shares of China Shenhua

Aug. 13, 2009 (China Knowledge) - U.S.-based Capital Group Companies Inc recently cut its stake in China Shenhua Energy Co Ltd<601088><1088> to 4.84% from the previous 5.28%, according to the bourse operator Hong Kong Exchanges and Clearing<0388>. Information from HKEx showed that Capital Group on Aug. 8 sold 15 million H shares of the Chinese company for HK$482 million. The ave

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