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Consumer and Retail

Hisense Kelon halts share for assets swap plan
By STAFF EDITOR
Published: July 22, 2008 07:35 PM
Hisense Kelon Electrical Holdings (000921.SZ) said it had suspended its plans to place US$234.26 million (RMB1.6 billion) worth of shares with its parent Hisense Air Conditioners in return for some of the latter’s white goods assets amid an aggravating business climate for home appliances, and particularly air ...
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