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SMI Buys Cinema Stakes in Beijing, Shanghai, Chengdu for 98.2 Million Yuan

SMI Corp. will pay 98.2 million yuan to buy or increase stakes in operators of cinemas in Beijing, Shanghai and Chengdu for about 98.2 million yuan, the company said in a Hong Kong stock exchange filing today.

To contact the editor responsible for this story: Joshua Fellman at jfellman@bloomberg.net

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