BRIEF-CNC Holdings notes recent increase in price and trading volumes of shares

April 28 (Reuters) - CNC Holdings Ltd:

* Company has noted the recent increase in the price and

trading volume of the shares

* Confirmed that Xinhua news agency and China Xinhua news

network did not intend to dispose any shares of co

* Confirms that it is not aware of any reasons for such

movements or of any information which must be announced to avoid

false market in co's securities

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