Chang Jiang, Chongqing Gangjiu Rise on Shipping Plan
By Bloomberg News -
2011-03-24T01:42:57Z
(Corrects currency conversion in first paragraph.)
CSC Nanjing Tanker Corp. (600087), Chang Jiang Shipping Group Phoenix Co. and Chongqing Ganjiu Co. rose in Shanghai and Shenzhen trading after the official Xinhua News Agency reported yesterday that China plans to invest 200 billion yuan ($30.5 billion) on river transport facilities in the five years through 2015.
CSC Nanjing Tanker rose 0.5 percent and Chongqing Ganjiu gained 2.3 percent in Shanghai as of 9:34 a.m. local time, while Chang Jiang Shipping increased 2.3 percent in Shenzhen.
To contact the editor responsible for this story: Bloomberg News at jliu42@bloomberg.net
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