Thursday, November 27, 2008

China Southern shares suspended


China Southern shares suspended
26-11-2008

Shares of China Southern Airlines were suspended this afternoon, pending the release of price sensitive information. The airline is seeking a 40 billion yuan government injection to help repay debts and fund expansion. China Southern shares were trading 12 percent up at 93 cents in Hong Kong. Its Shanghai shares rose 1.5 percent to 3.3 yuan.

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