UBS lift designer wedding dresses s H-share holding in China Shenhua Energy

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UBS lift designer wedding dresses s H-share holding in China Shenhua Energy
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UBS lifts H-share holding in China Shenhua EnergyPublished: 15 Dec 2008 23:49:22 PST

Dec. 16, 2008 (China Knowledge) – UBS AG, a premier global financial services company, bought around 2.93 million H-shares in China Shenhua Energy Co Ltd<601088><1088> for HK$42.6 million on Dec. 5, according to statistics posted on the Hong Kong Stock Exchange (HKEx).

The Swiss bank purchased the 2.93 million H-shares at an average price of HK$14.529 apiece. After the transaction, UBS lifted its H-share holdings in Shenhua Energy to 5.01% from the previous 4.93%, with approximately 170.36 million H-shares.

A-shares of Shenhua Energy lost 1.03% to RMB 19.25 on Monday, while its H-shares jumped 4.07% to HK$17.38.

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