Date: 13 December 2010
Luoyang Glass Co. rose the most in more than a year in Hong Kong trading after saying China Building Material Glass Co. will acquire a 51.7 percent stake in the glass firm’s parent company.
The stock jumped 14 percent to HK$2.24 at the 12:30 p.m. break, the biggest gain since Aug. 5 last year. The company’s Shanghai-traded shares rose 5 percent to 7.64 yuan at 11:30 p.m. break.
Read the full story on the link bellow.
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www.bloomberg.com
2010-12-13T12:00:00
Luoyang Glass Shares Rise on Investor Stake Transfer
glassonweb.com
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