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Avic Units Targeted In China's Crackdown On Sell-Offs

By Linda Chiem ( July 29, 2015, 3:49 PM EDT) -- China's securities regulator is investigating a potentially illegal share sale in a car and truck manufacturing unit of state-owned aerospace and defense giant Aviation Industry Corp. of China by another Avic affiliate, prompting the ouster of the affiliate's general manager, according to regulatory filings on Tuesday....

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