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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.

Lee Hong Liang, Asia Correspondent

October 14, 2015

1 Min Read
Kalyakan - stock.adobe.com

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.

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China

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.

 

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