Giant Interactive (GA) -5.9% AH after filing to sell 15.1M shares (6.3% of outstanding shares)...

|About: Giant Interactive Group Inc. (GA)|By:, SA News Editor

Giant Interactive (GA) -5.9% AH after filing to sell 15.1M shares (6.3% of outstanding shares) on behalf of a Virgin Islands-based holdings company owned by founder/chairman Yuzhu Shi's daughter. Following the offering, Shi's effective ownership stake in Giant will fall to 48.5% from 54.8%. News of the offering comes with shares of the Chinese game developer having closed near multi-year highs. (prospectus)