TWO QFII ADD SHAREHOLDING IN GUANGDONG'S POWER COMPANY
AsiaInfo Services, October, 2004
AsiaInfo Services 10-21-2004 Two QFII Add Shareholding in Guangdong's Power Company SHENZHEN, Oct 21, 2004 (SinoCast via COMTEX) -- Along with the tightening electric power supply in China, investors at home and abroad hold a more optimistic view on the prospect for the Chinese power generating companies. UBS Warburg, the investment bank under UBS AG, and Deutsche Bank AG, the two qualified foreign institutional investors (QFII), added their shares in Guangzhou Hengyun Enterprises Holding Co., Ltd.
(Hengyun, SSE: 000531) in the third quarter this year, a thermal power generating company based in Guangzhou City. According to an announcement posted by Hengyun, Deutsche Bank AG has become the third largest floating shareholder by 937,000shares and UBS Warburg is...
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