Rough weather hits HK-listed shipping firms
By Zhong Nan | China Daily | Updated: 2015-12-15 07:58
Cosco, China Shipping shares see steep decline as market still not sure about merger prospects
Shares in China Shipping Container Lines Co, a subsidiary of China Shipping (Group) Co, crashed 26.37 percent on their first day back on the Hong Kong market on Monday, after a four-month suspension.
The trading resumption came after the State Council approved the merger on Friday of China Ocean Shipping (Group) Co and China Shipping.
Photo
