<div id="readability-page-1"><div>** Hong Kong shares of China Shenhua Energy slip 2.7% to HK$38.6 after three straight sessions of gains, on track for the biggest one-day pct fall since December 8 ** Shanghai-listed stock eases 1.4% to 40.03 yuan, on course for the biggest one-day pct drop since December 8 ** Co says it plans to buy 10 firms and stakes in another two from controlling shareholder and its unit for a total of 133.6 bln yuan ($18.97 bln), in a deal to be settled by issue of new A shares and in cash ** Co also plans to sell A shares at 29.40 yuan per share in a share placement, raising up to 20 bln yuan. That represents a 27.6% discount to Friday's close of 40.59 yuan per share ** YTD, Hong Kong stock up 16.9%, while Shanghai-listed shares down 7.2%($1 = 7.0404 Chinese yuan)</div></div>

CSUAY

601088

01088

China Shenhua Energy's Hong Kong shares fell 2.7% after announcing plans to buy assets from its controlling shareholder for 133.6 billion yuan, funded by new A shares and cash. The company also plans a share placement at a 27.6% discount, raising up to 20 billion yuan. Year-to-date, Hong Kong shares are up 16.9%, while Shanghai shares are down 7.2%.

China Shenhua slips on buying key shareholder assets, discounted share sale