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Zhonggu Shipping lists on China’s OTC equity exchange

Shanghai-based domestic container carrier Zhonggu Shipping has been officially listed on the over-the-counter (OTC) equity exchange National Equities Exchange and Quotations (NEEQ).

Lee Hong Liang, Asia Correspondent

June 16, 2016

1 Min Read

Kalyakan - stock.adobe.com

The listing ceremony was held in Beijing on Wednesday morning.

The Beijing-based stock market NEEQ is also known as China’s ‘New Third Board’, attracting small and medium sized enterprises which find it hard to qualify for listing on the main Shanghai and Shenzhen bourses.

Zhonggu Shipping recently placed orders for four 2,500 teu feeder boxships at CSC Sinotrans Jinling Shipyard and another four similar sized boxships at Shanghai Shipyard.

About the Author

Lee Hong Liang

Asia Correspondent

Singapore-based Lee Hong Liang provides a significant boost to daily coverage of the Asian shipping markets, as well as bringing with him an in-depth specialist knowledge of the bunkering markets.

Throughout Hong Liang’s 14-year career as a maritime journalist, he has reported ‘live’ news from conferences, conducted one-on-one interviews with top officials, and had the ability to write hard news and featured stories.

See more from Lee Hong Liang

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