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Morgan Stanley to offload CICC
Published on: 2008-01-08
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US financial services firm Morgan Stanley plans to sell its entire stake in China International Capital Corp (CICC). Morgan Stanley currently holds a 34.4 percent stake in CICC, but with a limited role in the investment bank. The sources said the US firm might sell its entire stake in CICC and invest in another local brokerage…Click here

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