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Antong marks turnaround with 2020 profit

n.savvides - April 22, 2021 0

Antong Holdings, parent company of China’s second largest domestic liner operator Quanzhou Ansheng Shipping, has capped its restructuring with a net profit for 2020. The...

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Antong completes year-long reorganisation

n.savvides - December 22, 2020 0

Chinese domestic liner shipping group Antong Holdings announced on 19 December 2020 that it has completed its year-long restructuring process. Alluding to its two main...

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Antong gets US$688 million cash injection

n.savvides - November 30, 2020 0

Fujian Zhaohang Logistics, the government-led entity that is restructuring struggling Chinese domestic liner shipping group Antong Holdings, has, with 12 other Chinese investors, injected...

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Government-backed JV to restructure Antong Holdings

n.savvides - September 22, 2020 0

Quanzhou Municipal Government has formed a joint venture, with Chinese state-owned entities, China Merchants Port Holdings (CMPH) and AVIC Trust, to restructure the financially...

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Troubled Antong mulls restructuring options

n.savvides - July 30, 2020 0

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...

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China’s securities watchdog punishes Antong bosses

n.savvides - July 6, 2020 0

Guo Dongze and Guo Dongsheng, majority shareholders of Chinese domestic container operator Antong Holdings, and other senior staff have been penalised by the China...

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