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Wednesday November 22nd 2017

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CCB To Transfer Stake In Bayi Iron And Steel


The Xinjiang branch of China Construction Bank (CCB) (601939, 0939.HK) is looking to transfer its entire 5.99 percent stake in Baosteel Group Xinjiang Bayi Iron and Steel for 396 million yuan, reports secutimes.com, citing information from the Shanghai United Assets and Equity Exchange. CCB Xinjiang previously planned to transfer the stake for 421 million yuan. [Read More]