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GMT Capital raises stake in China's TravelSky Technology

Published: 08 Sep 2009 01:15:20 PST

Sep. 8, 2009 (China Knowledge) - GMT Capital Corp, a private investment company, recently raised its shareholding in TravelSky Technology Ltd<0696> to 9.05% from the previous 8.86%, according to the bourse operator Hong Kong Exchanges and Clearing <0388>.

HKEx said that FIL on Sep. 1 bought 1.19 million shares of TravelSky for US$800,000. The average share price of the transaction was US$0.67 per share.

TravelSky Technology is a provider of information technology solutions for China's aviation and travel industries.

Shares of TravelSky Technology increased 0.53% to end at HK$5.71 today.


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