CITIC Guoan sells CITIC Securities shares

(Xinhua)
Updated: 2007-01-19 15:29

CITIC Guoan Information Industry Co Ltd said it gained 294 million yuan (US$37.5 million) from the sale of 17.37 million shares in CITIC Securities Co Ltd, equivalent to a 0.57 percent stake, at market prices.

CITIC Guoan was left with 1 million shares of CITIC Securities, or 0.03 percent interest in the company, following the sale, it said in a statement to the Shanghai Stock Exchange.


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