Subsidiary of China Mobile Becomes Second Largest Shareholder of Shanghai Pudong Development Bank
Published:
2010-03-11
Guangdong Mobile, a subsidiary of China Mobile, has bought 2.208 billion A shares off the Shanghai Pudong Development Bank (SPDB) at a price of 18.03 yuan per share. This means that Guangdong Mobile is now SPDB's second biggest shareholder.
Source
China Financial Information
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