China Travel International acquires tourism agencies selectively

China Travel International Investment H.K.(0308) managing director Shen Zhu Ying said that the focus of the company in the future is to acquire mainland tourism agencies selectively and tap the natural scenery areas in Yunnan , Guizhou, Sichuan and Dongling of Beijing and the company will pay the relevant acquisition by the cash in hand. He also dismissed the report that the company would acquire mainland coastal tourism agencies at a price of HK$2 bln

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