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26 September 2021 The on-line newspaper devoted to the world of transports 05:11 GMT+2



April 8, 2009

Economy slows shipyards' IPO plans

By Tong Hao (chinadaily.com.cn)

The IPO hopes of China Shipbuilding Industry Corp (CSIC), one of the country's largest shipyards, are being obstructed by the deteriorating shipbuilding industry worldwide, an industry supervisor said.
“The possibility of CSIC to get listed in 2009 is quite low due to the industrial downturn,” said Zhang Guangqin, president of China Association of the National Shipbuilding Industry ......
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