Rochester,NY 8/26/2009 1:30:57 AM
Invesco Ltd.,IVZ-cuts in Chenming Paper stake to 4.97%
Invesco Ltd
Aug. 21, 2009 - Invesco Ltd, a U.S.-based an investment and asset management company, decreased its shareholding in Shandong Chenming Paper Holdings Ltd to 4.97% from the previous 5.16%, according to the bourse operator Hong Kong Exchanges and Clearing.
Information from the HKEx showed that Invesco on Aug. 13 sold 754,000 H shares of the Chinese company for HK$4.41 million. The average share price of the transaction was HK$5.85 per share.
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