NSSF cuts stake in China Communications Construction to 6.94%
Published: 28 Sep 2009 23:00:16 PST
Sep. 29, 2009 (China Knowledge) - China's National Social Security Fund, the country's national pension fund, on Sep. 22 cut its shareholding in China Communications Construction Co Ltd<1800> to 6.94% from the previous 7.05%, according to the bourse operator Hong Kong Exchanges and Clearing<0388>. Information from HKEx showed that NSSF last Tuesday sold 4.87 million shares of CCCC for HK$43.56 million. The average share price of the transaction was HK$8.95 per share. NSSF sold a total of 92.56 million shares of CCCC in the period from Sep. 7 to Sep. 22. Shares of CCCC dropped 2.9% to end at HK$8.38 yesterday. Copyright © 2009 www.chinaknowledge.com |
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