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Hong Kong Court blocks Li's PCCW buyout

China Daily | Updated: 2009-04-23 07:46

Hong Kong Court blocks Li's PCCW buyout

People walk past PCCW phone booths in Hong Kong. Bloomberg News

PCCW Ltd Chairman Richard Li's plan to buy out the city's biggest phone carrier was blocked by the Hong Kong Court of Appeal yesterday after the city's stock-market regulator objected to the deal.

Hong Kong Court blocks Li's PCCW buyout

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