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Everbright, one of China's biggest funds, is getting ready to dump stocks

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China Everbright Ltd, the state-backed manager of about HK$139 billion (S$24 billion) in assets, said the company is preparing to sell shares in as many as 30 stocks on concern that valuations worldwide have peaked.

 

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Stocks to watch: Spackman, Nam Lee, TTJ, Ascendas H-Trust, Boustead, China Everbright WaterTHE following companies saw new developments which may affect trading of their shares on Thursday: Read more at The Business Times.
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