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China’s Jinzhou Port undergoes ownership restructuring

PostTime:2015-10-15 08:15:33 View:152

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.