China Huarong takes 5.8% stake in toll road operator

China Huarong takes 5.8% stake in toll road operator

The logo of China Huarong Asset Management Co is seen at its office in Beijing, China, April 16, 2021. REUTERS/Thomas Peter/File Photo

State-owned China Huarong Asset Management said it plans to buy a 5.8% stake in China Merchants Expressway Network & Technology for 3.01 billion yuan ($417.4 million).

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