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BRIEF-Shanghai Phoenix Enterprise's controlling shareholder sells 1.5 pct stake
December 22, 2016 / 9:29 AM / a year ago

BRIEF-Shanghai Phoenix Enterprise's controlling shareholder sells 1.5 pct stake

Dec 22 (Reuters) - Shanghai Phoenix Enterprise Group Co Ltd

* Says controlling shareholder has sold 1.5 percent stake in the company on Dec 21, 22 for 225.8 million yuan ($32.50 million)

Source text in Chinese: bit.ly/2ieaihL

Further company coverage: ($1 = 6.9470 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)

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