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China Construction Bank institutional investor selling 408.5 mln H-shares

May 15, 2008
Story Timeline:  191 days

HONG KONG (XFN-ASIA) - An institutional shareholder of China Construction Bank has agreed to sell 408.5 mln Hong Kong-listed shares of the company at 7.05-7.10 hkd per share in a placement deal, according to a term sheet. Based on the price range, the shareholder could raise up to 2.9 bln hkd.... [read full story]                    

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