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PYI sells part of its stake in Yangkou port

HONG Kong-listed China port operator PYI has agreed to sell a combined 15% stake in Yangkou port, in eastern China’s Jiangsu province, to Nantong State-Owned Assets investment holdings and infrastructure investment company Ritai, for a total of Yuan300m ($44.1m), writes Hui Ching-hoo in Hong Kong .

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