China’s Jinzhou Port has suspended its trading on the Shanghai Stock Exchange as its major shareholder Dalian Port Group is planning a restructuring involving changes of ownership in the company.

Shanghai-listed Jinzhou Port said in a regulatory filing that its stock trading has been suspended from 13 August.

Dalian Port currently holds 19.08% equity interest in Jinzhou Port.

In September, Ningbo Port announced a merger with Zhoushan Port, with the deal still ongoing. Lianyungang Port in Jiangsu also set up a holding company in September to integrate the small port assets in the region.

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