Dalian Port expects Shanghai listing early next year

Dalian Port (PDA) Co Ltd, China's third largest port operator, is expecting to complete its initial public offering (IPO) on the Shanghai Stock Exchange within the first half of 2010, Chairman Sun Hong told a news conference in Hong Kong on Friday.

Because the company was listed in Hong Kong in 2006, it means it will become China's first port with a dual listing.

It is the biggest port operator in Bohai Bay, northeastern China, and focuses on container and crude oil.