China Business News: FIL raises shareholding in ZTE to 5.4%

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FIL raises shareholding in ZTE to 5.4%

Sep. 1, 2009 (China Knowledge) - U.S.-based investment company Fidelity International Ltd recently raised its shareholding in ZTE Corp<000063><0763> to 5.4% from the previous 4.75%, according to the bourse operator Hong Kong Exchanges and Clearing<0388>. HKEx said that FIL on Aug. 26 bought 1.89 million H shares of ZTE for US$9.35 million. The average share price of the transact

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