Harbin Brewery has had trading in its shares stopped today. The Hong Kong Stock exchange suspended trading in the Chinese brewer, but gave no reason for the suspension.
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It is believed that the sale of US Capital Group’s 7% stake in the brewer to Anheuser-Busch is the cause behind the suspension.
Anheuser-Busch will be obliged to make an offer for the rest of the shares in Harbin Brewery that it does not already own if the sale goes through.
