AVIATION
Cross-strait deal sparks stock surge
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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