China Merchants flagship gains $1.1b ports
Eric Ng
China Merchants Holdings (CMH) is to inject port-related assets
worth up to 1.2 billion yuan (about HK$1.12 billion) into its
Hong Kong-listed flagship China Merchants Holdings (International)
(CMHI).
But it will wait until market conditions improve before going
ahead.
The move will make red-chip CMHI the sole manager of the group's
port assets, increase
...... Read more on South China Morning Post
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