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QVT Financial reports increased stake in China Holdings Acquisition
By E. Janene Geiss
Philadelphia, Oct. 29 - QVT Financial LP increased its investment to 5.57% in China Holdings Acquisition Corp. as of Oct. 22, according to an SC 13G/A filing with the Securities and Exchange Commission.
The passive stake represents 891,035 shares.
That's up from the 5.15% passive stake, representing 823,650 shares, reported by QVT on Jan. 10, 2008, according to an earlier SC 13G filing.
Westport, Conn.-based China Holdings acquires businesses that have their primary operations in the People's Republic of China.
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