Greater China

Tianjin Marine stock hike

Shanghai: Tianjin Marine Shipping, controlled by Grand China Logistics, has announced that the company has completed a restructuring as the stock resumed trading after a five month suspension.

The stock of the company soared 45.75% in trading as part of the restructure involved Grand China Logistics deciding to exempt RMB400m in debt, increasing the net assets of the company. [05/06/13]

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