JPMorgan optical frames cuts shareholding in China Coal Energy
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JPMorgan cuts shareholding in China Coal EnergyPublished: 17 Nov 2009 23:23:52 PSTMore From ChinaKnowledge.comChina Economy DataChina Business GuideChina DemographicChina Industrial ParksChina Financial MarketNov. 18, 2009 (China Knowledge) -U.S.-based financial holding company JPMorgan Chase & Co has cut its shareholding in China Coal Energy Company Ltd<601898><1898> to 7.7%, according to the Stock Exchange’s SDI information. According to data released by the Hong Kong Stock Exchange, JPMorgan on Nov. 10 sold 16.94 million H shares or 0.41% of China’s second-largest coal producer for HK$221 million in total for an average price of HK$13.02 per share. The data also show that JPMorgan bought 5.71 million H shares of China Coal Energy at HK$11.32 apiece in its most recent purchase. The coal producer realized a net profit of RMB 4.35 billion in the first half of this year. The figure, computed according to international accounting standards, reflects a 3.1% year-on-year growth from the RMB 4.22 billion recorded last year. However, the company’s revenue in the first six months fell 11.9% from a year earlier to RMB 22.56 billion, China Knowledge reported earlier.Copyright © 2009 http://www.chinaknowledge.com弹簧 クレジットカード 現金化 比較 工作流 翻译公司 冷热冲击试验箱 autoboss V30 弹簧 ツーショットダイヤル Aloe vera