Workers assemble domestic appliances at Gree Electric Appliances in Zhuhai, China on November 29, 2010. Photo: Bloomberg News

Gree Electric shoots up to daily limit as state parent seeks to sell US$6.2 billion stake in ownership shake-up

  • Biggest shareholder plans to sell a 15 per cent stake
  • Deal will be worth at least US$6.2 billion
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Workers assemble domestic appliances at Gree Electric Appliances in Zhuhai, China on November 29, 2010. Photo: Bloomberg News
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