The major shareholders of 95 firms listed on the Shanghai and Shenzhen bourses added their share position in the companies via secondary market purchases in the first week of 2016 (from January 4 to January 8), involving totaling 1.85 billion yuan.
Securities Times reported on Monday that many controlling shareholders, including China Minmentals Corporation, announced that they would not cash thier shareholdings in subordinate listed companies in an effort to maintain market stability.
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