BRIEF-China Hongqiao Announces Increase In Shareholding By Controlling Shareholder

Reuters06-17

June 17 (Reuters) - China Hongqiao Group Ltd :

* INCREASE IN SHAREHOLDING BY CONTROLLING SHAREHOLDER

* CHINA HONGQIAO HOLDINGS FURTHER PURCHASED A TOTAL OF 6.6 MILLION SHARES OF CO

* POST STAKE INCREASE, HONGQIAO HOLDINGS HOLDS ABOUT 64.27% OF TOTAL ISSUED SHARES OF CO

* CONTROLLING SHAREHOLDER OF CO PURCHASED SHARES OF CO AT AVERAGE PRICE OF HK$11.76 PER SHARE

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((Reuters.Briefs@thomsonreuters.com;))

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