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Rumors of Chinese yard merger intensify

Speculation about whether China's two largest yard groups will merge have gained strength after two subsidiaries under China State Shipbuilding Corp stopped trading on the stock exchange.
Photo: AP/Polfoto/Arkiv
Photo: AP/Polfoto/Arkiv
by KATRINE GRØNVALD RAUN

On Wednesday, two subsidiaries under China State Shipbuilding Corporation (CSS), one of China's top yards, decided to halt trading on the Shanghai Stock Exchange.

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