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03 December 2008 The on-line newspaper devoted to the world of transports 05:50 GMT+1



September 6, 2001

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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