China Mobile Investment Holding Co., Ltd. completed the acquisition of a 10% stake in Jiangsu Phoenix Publishing & Media Corporation Limited from Jiangsu Phoenix Publishing & Media Group Limited.
China Mobile Investment Holding Co., Ltd. completed the acquisition of a 10% stake in Jiangsu Phoenix Publishing & Media Corporation Limited (SHSE:601928) from Jiangsu Phoenix Publishing & Media Group Limited on June 1, 2023. As a result, Jiangsu Phoenix Publishing's holding reduced to 62.8% stake in Jiangsu Phoenix Publishing & Media.