Waigaoqiao listed arm to absorb realty assets
By Zhou Yan | China Daily | Updated: 2009-07-22 08:05
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Net profit of Shanghai Waigaoqiao Free Trade Zone Development Co totaled 3.49 million yuan in the first half of 2009. CFP |
SHANGHAI: Shanghai Waigaoqiao Group, China's largest free trade zone operator owned by the municipal government, is set to inject its remaining real estate assets into its publicly traded unit, Shanghai Waigaoqiao Free Trade Zone Development Co, a senior official of the group told China Daily.
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