HONG KONG Dec 26 Jizhong Energy Resources
bought Hebei Aviation Investment Group's 15 percent
stake in Xiamen Airlines for 1.9 billion yuan ($307.8 million),
Xiamen's parent China Southern Airlines said late on Wednesday.
China Southern retains a 51 percent
stake in Xiamen Airlines, while Xiamen C&D Corporation Ltd owns
Jizhong's Shenzhen-listed shares and China Southern's
Shanghai shares each shed 0.5 percent on Wednesday. China
Southern's Hong Kong stock slipped 1.5 percent on Monday.
Hong Kong markets have been closed since midday on Monday
for the Christmas holiday and will resume trading on Thursday.
($1 = 6.235 yuan)
(Reporting by Clement Tan; Editing by John Stonestreet)