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China’s Jinzhou Port undergoes ownership restructuring

China’s Jinzhou Port undergoes ownership restructuring
China’s Jinzhou Port has suspended its trading on the Shanghai Stock Exchange as its major shareholder Dalian Port Group is planning a restructuring involving changes of ownership in the company.

Shanghai-listed Jinzhou Port said in a regulatory filing that its stock trading has been suspended from 13 August.

Last month, Ningbo Port and Zhoushan Port completed their merger to become Ningbo Zhoushan Port Group. Shanghai-listed Ningbo Port had suspended its shares trading from 4 August before confirming the merger on 29 September.