综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

Shanda got 19.5% of Sina as top shareholder
(Xinhua)
Updated: 2005-02-20 15:06

Shanda Interactive Entertainment Limited, China's largest online game operator, announced Saturday that the company acquired 19.5 percent of the outstanding ordinary shares of Sina Corporation.

The deal was done together with Shanda's subsidiary Skyline Media Limited through open market purchases as of February 10, 2005, Shanda announced through its website.

The acquisition made Shanda (NASDAQ: SNDA) the largest shareholder of Sina (NASDAQ: SINA), one of China's key portal websites.

Shanda did not reveal the amount of money involved. Shanda officials said it did not "have any further public comment on this matter at this time."

In accordance with U.S. securities laws, Shanda has filed the U.S. Securities and Exchange Commission a statement, reporting the transaction and disclosing other matters required to be reported, said Shanda in its press release.

Stock price of Shanda and Sina, both listed companies in US NASDAQ, rose sharply late last night when the news spread over internet.

Shanda has a market value of 2.1 billion US dollars, compared with Sina's 1.3 billion dollars.

Close

Today's Top News     Top China News
Beijing opposes US-Japan statement on Taiwan         Eight suicide bombings in Baghdad kill 55         Building harmonious society CPC's top task         Experts cry for checking before marriage         Industrial growth rate drops slightly         Bush harbors no bitterness toward Chirac	Shanda got 19.5% of Sina as top shareholder       Famous winery ceded to private, foreign investors       Freighter sinks, 7 missing in Beibu Gulf       Beijing Olympic Village project gets approval       Tourists trapped by snow rescued in Yunnan       Building harmonious society CPC's top task