Independent journal on economy and transport policy
08:34 GMT+2
Cross-strait deal sparks stock surge
(South China Morning Post)
September 6, 2001
AVIATION
Joseph Lo Shares in China Southern Airlines and China Eastern Airlines, surged yesterday on hopes of accelerating cross-strait ties and renewed rumours that a relaxation of foreign ownership limits was imminent.
Analysts said that the rumours gained impetus from yesterday's signing of a deal for Taiwanese carrier China Airlines to take a 25 per cent stake ...... Read more on South China Morning Post
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