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China.com Wants To Buy Parent's Cheap Stock

Aggregated Source: ChinaTechNews.com
April 16, 2008|

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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