Fri, Apr 18, 2003 - Page 10 News List

CAL's upcoming share sale may flop

HARD SELL Although the selling price is being based on China Airlines' net worth, which is NT$18 per share, analysts say investors won't buy at such a high price

By Annabel Lue  /  STAFF REPORTER

Shares of China Airlines rose 1.2 percent to close at NT$12.8 per share on the TAIEX yesterday.

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