Morgan Stanley to sell holdings of MSCI remaining shares

Beijing time, May 19 morning news, according to foreign media reports, Morgan Stanley said the company will sell the remaining shares of Morgan Stanley Capital International (MSCI) 27.7 million shares, which plunged the latter's share price after a 10% plunge.　　MSCI was the investment analysis and market index company that Morgan Stanley split up in 2007. Morgan Stanley has been raising money over the past two weeks by selling new shares and bonds after federal regulators announced that it needed to raise 1.8 billion dollars to fend off a severe downturn.　　Morgan Stanley also plans to repay $10 billion trillion in government aid funds.　　Morgan Stanley had previously hinted that it might sell its entire stake in the MSCI, and Morgan Stanley had been selling its shares intermittently since the break-up of the MSCI.　　Morgan Stanley said the latest and final sale would be the MSCI's 27.7 million shares of category A. The shares are worth about 650.6 million dollars, according to the MSCI Monday closing price. (Ning String)