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Anxin Trust to raise registered capital

Anxin Trust Co. Ltd. plans to increase its registered capital to about 5.50 billion Chinese yuan from 4.56 billion yuan, subject to shareholders' approval.

This will raise the total number of shares in the company to 5,469,137,919, from 4,557,614,932 shares, according to a Feb. 8 release.

As of Feb. 8, US$1 was equivalent to 6.32 Chinese yuan.