Article: HUBEI GOLDEN RING SAID TO SELL CHANGJIANG SECURITIES SHARES


AsiaInfo Services
04-21-2009
Hubei Golden Ring Said to Sell Changjiang Securities Shares

WUHAN, Apr 21, 2009 (SinoCast Daily Business Beat via COMTEX) -- Hubei Golden Ring Co., Ltd. (000615.SZ) reportedly is to sell a 1.20% stake of Changjiang Securities Co. (000783.SZ) within this month.

Both Hubei Golden Ring and Changjiang Securities are listed companies on the Shenzhen Stock Exchange (SZSE).

Currently, Hubei Golden Ring takes 20.12 million shares of Changjiang Securities. The holder has authorized the board of directors to sell all these shares at an appropriate time and at an acceptable price range, to not only recover returns on investment but also replenish the working capital of the ...

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