China Business News: GE Asset raises stake in China South Locomotive to 7.02%

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GE Asset raises stake in China South Locomotive to 7.02%

Oct. 7, 2009 (China Knowledge) - GE Asset Management Inc, a wholly-owned subsidiary of General Electric Co, recently raised its H-share holding in China South Locomotive & Rolling Stock Co Ltd<601766><1766> to 7.02% from the previous 6.77%, according to the bourse operator Hong Kong Exchanges and Clearing<0388>. Information from HKEx showed that GE Asset on Sep. 25 bought 5

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