The Hong Kong-listed company sold CS Yangshan and ZhengjinEquity to parent company China Shipping for CNY 305.4m and CNY 372.7mrespectively, it announced today.
CSCL has been selling off stakes in terminals in recentmonths after posting a third quarter loss of CNY 404m, against a profit of CNY991m a year earlier.
The company also raised just over $100m from a share salelast month.
