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China Liansu's chairman invests $2.6m to show 'confidence'

By: Steve Toloken

HONG KONG (July 6, 12:55 p.m. ET) — The chairman and founder of China’s largest plastic pipe maker, China Liansu Group Holdings Ltd., has invested an additional HK$20.1 million (US$2.6 million) into the company, increasing his ownership share of the publicly-traded firm to a little more than 70 percent.

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