Chinese state-owned groups China Merchants Port Holdings (CMPH) and Aviation Industry Corporation of China (AVIC) have expressed an interest in restructuring troubled Chinese domestic container shipping group Antong Holdings.
In filings submitted to the Shanghai Stock Exchange (SSE) on 24 July 2020, Antong, which operates a liner service through Quanzhou Ansheng Shipping, said that it had signed an agreement with AVIC Trust, a non-banking financial institution.
On 28 July 2020, Antong made...
https://container-news.com/troubled-antong-mulls-restructuring-options/