Shareholder ups stake in Tangshan Jidong Cement

Byswb

Updated Tue, 02 Nov 2010 00:00:00 GMT

Jidong Development Group increased its stake in Tangshan Jidong Cement (000401) by 7.764 million shares or 0.64 percent of its total share capital in the last six months, reports 163.com, citing a company announcement.

Jidong Development Group held a total of 502 million shares in Tangshan Jidong Cement as of October 29,  accounting for 41.42 percent of the total.

Shares of Tangshan Jidong Cement rose 0.76 percent to 23.98 yuan at 9:38 a.m. on the Shanghai Stock Exchange today.