Great Wall Motor selling about $217 mln in shares


HONG KONG, May 18 (Reuters) - China's Great Wall Motor Co. Ltd. was selling up to about US$217 million worth of shares at a discount of between 5.1 and 9.75 percent to its last trading price, a source familiar with the deal said on Friday. The company was selling about 151 million shares at HK$10.65-HK$11.20 each, the source said. Shares in Great Wall, which have risen about 143 percent over the past year, were suspended on Friday and last traded at HK$11.80. (US$=HK$7.8)

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