Airline

SHENZHEN INTERNATIONAL RAISES STAKE IN SHENZHEN AIRLINES TO 49%

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SHENZHEN INTERNATIONAL RAISES STAKE IN SHENZHEN AIRLINES TO 49%

Shenzhen International Holdings is planning to raise its stake in Shenzhen Airlines by 24 percentage points for 788.63 million yuan ($121.5 million). The move by Chinese logistic facilities investor is a bid to tap growing demand for domestic air transportation as Chinese consumption increases. In a...

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