CHINA: Major Tsingtao shareholder cuts holding

By James Wilmore | 21 June 2012

Tsingtao's third-largest shareholder, billioniare Chen Fa Shu, has netted HKD1.5bn (US$192m) from a selldown of his shareholding in the brewery, according to local reports.

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Tsingtao's third-largest shareholder, billioniare Chen Fa Shu, has netted HKD1.5bn (US$192m) from a selldown of his shareholding in the brewery, according to local reports.

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