Morgan Stanley (MS) gets initial regulatory approval to sell its 34.3% stake in CICC, according...

|About: Morgan Stanley (MS)|By:, SA News Editor

Morgan Stanley (MS) gets initial regulatory approval to sell its 34.3% stake in CICC, according to a report in the Shanghai Securities News. Official approval is expected by the end of this month, and the stake could be sold for more than $1B. (previously)