Wonders Information Opens at Limit Up as China Life Insurance Plans Takeover
Dou Shicong
DATE:  Jun 24 2019
/ SOURCE:  yicai
Wonders Information Opens at Limit Up as China Life Insurance Plans Takeover Wonders Information Opens at Limit Up as China Life Insurance Plans Takeover

(Yicai Global) June 24 -- Shares in Shanghai-based Wonders Information opened at the 10 percent limit up this morning after controlling shareholder Shanghai Wan Hao Investment announced it would sell a 5 percent stake in the software developer to China Life Insurance, topping the buyers' holdings up to 15 percent and making it the target's largest shareholder. 

Its share price [SHE:300168] started the day up at CNY13.33 (USD1.94) and was still there at 10.07 a.m. 

Editor: James Boynton

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Keywords:   Wonders Information,China Life Insurance