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China Daily | Updated: 2008-10-09 08:01

Parental purchase

Sinochem International Corp, a unit of China's biggest chemicals trader, said its parent bought 4.74 million shares on the Shanghai Stock Exchange for about 41 million yuan.

Sinochem Corp increased its stake to 55.76 percent from 55.43 percent, Shanghai-based Sinochem International said in a statement to the city's stock exchange.

IN BRIEF (Page 14)

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