China Eastern Airlines was granted approval at a Monday shareholder's conference to issue 1.35 billion A shares and 490 million H shares worth a combined CNY7.02 billion ($1.03 billion). The shares will not be available to the general public and will be circulated on the Shanghai and Hong Kong stock exchanges respectively. The capital injection is expected to reduce the airline's debt ratio to 94.7%. CEA reported a CNY984.7 million net profit in the first half of this year (ATWOnline, Aug. ...

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