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Global China widens loss

Global China Technology Group reported a net loss of HK$68 million for the six months to September 30, with 40 per cent of the loss from subsidiary Sing Tao Holdings, which publishes Sing Tao Daily and iMail. It lost about HK$13 million for the previous half-year. Directors did not recommend an interim dividend payment. Global China acquired Sing Tao in January.

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