China.com Wants To Buy Parent's Cheap Stock

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China.com Wants To Buy Parent's Cheap Stock

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15-04-2008, 09:26 PM

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China.com Wants To Buy Parent's Cheap Stock

CDC Corporation's (CHINA) subsidiary China.com has filed an announcement with the Hong Kong GEM Market to get approval from its independent shareholders to purchase up to US$10 million of CDC Corporation’s stock, which has plummeted about 60% over the last year.
In the filing, China.com stated that it has been exploring opportunities to enhance its investment [...]

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