Haier Venture Investment overweights 300,000 shares of Qingdao Haier

2009-05-26 Jinan

Haier Venture Investment in concert with Haier Group bought 300,000 shares of Qingdao Haier on May 21, 2009, accounting for 0.02 percent of total shares. The move show Haier Venture Investment's confidence in the long-term prosperity of China's stock market and Qingdao Haier’s outlook. Haier Venture Investment also plans to purchase up to 26,470,000 shares of Qingdao Haier, or 1.98 percent of the total outstanding stock during the next 12 months.

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