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5 listed subsidiaries of COSCO and China Shipping suspended share trading

BEIJING
2015-11-10 11:38

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Five listed subsidiaries of China Ocean Shipping (Group) Company (COSCO, 601919) and China Shipping (Group) Company jointly made an announcement on late Monday that they will continue to suspend their share trading.

According to an announcement, reasons for the trading suspending is that their controlling shareholders, namely COSCO and China Shipping (Group) Company, were respectively organizing major issues and blocks in related business of their subsidiaries. The five companies are China Ocean Shipping (Group) Company (COSCO, 601919), COSCO Shipping (600428.SH), Shipping Container Lines (601866.SH), China Shipping Development Corp (600026.SH), China Shipping Network Technology (002401.SZ).

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