The news group denied the sale of shares of Phoenix for Hong Kong listed "board"

On February 27th, News Corporation spokesman Jannie Poon said on Sunday that it had no plans to sell 38% stake in Phoenix Satellite Television Holding Ltd.

According to Hongkong media reports, News Corp's star (STAR TV) spokesman Jannie Poon said the day before: "we have never considered or discussed the sale of shares of Phoenix."

According to the British Financial Times reported on February 25th, news group may sell the Phoenix shares held, because the investment did not help the star media to further expand the Chinese market. Therefore, Murdoch and chairman of the Phoenix Satellite Television Holding Ltd, a year ago, discussed the sale of shares of Phoenix, the matter of the year of the year of the year of.

Poon said the Phoenix board has been considering the Phoenix from the Hongkong stock exchange gem pulled back to the motherboard market, but Phoenix's current ownership structure is not in line with the main board. As a result, Phoenix may be able to meet this condition by restructuring.

But Poon added: "news group will be able to meet the listing requirements of the main board through the sale of Phoenix, the conclusion is still too early to draw conclusions."