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China Eastern Airlines stock suspended in Shanghai

25_19
25_19
Written by editor

China Eastern Airlines Corp.

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China Eastern Airlines Corp. said trading in its Shanghai-listed shares will be suspended from Thursday through Monday, as its parent company plans to make “material adjustments” to a share subscription plan announced earlier. The airline had said earlier this month that it will raise 3 billion yuan ($435 million) by selling shares to its state-owned parent, China Eastern Air Holding Co.

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About the author

editor

Editor in chief is Linda Hohnholz.