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Cosco share sale to fund new ships

By Wang Xiaotian and Liu Yiyu | China Daily | Updated: 2010-03-17 07:53

Cosco share sale to fund new ships

A Cosco container ship is docked at the Port of Tianjin. The shipping company plans to sell 390 million new shares to raise as much as 3.9 billion yuan. Xu Xiaochun / China Foto Press

News comes one day after realty unit buys land at record price

Cosco share sale to fund new ships

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