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Finance: Overseas share sale

(Shanghai Daily)
Updated: 2007-03-13 16:54

Taiyuan Iron & Steel Group, China's biggest stainless steel producer, will sell shares overseas in three years, the Shanxi provincial government said.

State-owned companies, led by Taiyuan Steel, are seeking to introduce foreign strategic investors by selling part of the state's stake or by listing overseas, the government said in a statement issued yesterday during the National People's Congress in Beijing.


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