Three Gorges’s buys into Shanghai Environment for RMB 500 million as new move in A-share market

Shanghai Environment announced on 7 April that Yangtze Ecology and Environment Group and Three Gorges Capital acquired a 5% stake in Shanghai Environment, to become the listed company’s third-largest shareholder right behind Hony Capital (Shanghai) Private Equity Fund Center (limited partnership) that holds a 6.80% stake.