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Port operators in China’s Liaoning province see shares rally on integration plan

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Dalian Port Corporation shares rallied 16.3 per cent in Hong Kong on Wednesday morning, its biggest daily gain since March last year, on news of port management consolidation in Liaoning province.
The government of China’s northeast province signed a framework agreement with China Merchants Group to establish a new Liaoning Port Group through the integration of Dalian Port and Yingkou Port Group.
All the shares of listed port operators in Liaoning province surged on Wednesday, with Dalian…

Celia Chen

The author Celia Chen

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