On March 18 Reuters announced that it has taken a minority stake in ChinaWeb, one of the largest online financial information providers in China. ChinaWeb’s principal operating business, Hexun, is one of the largest independent online financial websites in China.

Hexun is a well-established brand name amongst investors, with nearly 50 million unique users per month and generating approximately 670 million page views per month. ChinaWeb had gross assets of £2.6 million as at 4 February, 2008. (Reuters)

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