Deutsche Bank raises stake in Shanshui Cement, China

Deutsche Bank acquired 33.09 million shares in China Shanshui Cement Group Ltd at HK$ 5.55 apiece and for a total of HK$ 184m last Friday, China Business Newswire reported, citing information released by the Hong Kong Stock Exchange. After the purchase Deutsche Bank's stake in Shanshui Cement increased by 1.18% to 9.36%.