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Tags AVIC Trust

Tag: AVIC Trust

Antong marks turnaround with 2020 profit

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...

Antong completes year-long reorganisation

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...

Antong gets US$688 million cash injection

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...

Government-backed JV to restructure Antong Holdings

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...

Troubled Antong mulls restructuring options

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...

China’s securities watchdog punishes Antong bosses

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

Government pays to refloat troubled domestic carrier Antong

Antong Holdings, parent company of Chinese domestic operator Quanzhou Ansheng Shipping, will receive around US$8.4 million in government subsidies, after disclosing estimated losses of...
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Maersk and Kotahi enter second decade of New Zealand export freight partnership

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