Cosco Shipping Development has announced that it has entered into an agreement with Chengtong Fund Management to sell a 35.22% stake in Cosco Shipping Leasing for a price of RMB1.8bn ($275m). Chengtong signed the agreement on behalf of Mixed Ownership Reform Fund, a fund to be established by the...
https://splash247.com/cosco-sells-major-stake-in-cosco-shipping-leasing-to-state-fund/