China's Ningbo Zhoushan Port, the world’s largest port by cargo throughput, announced this week that it will raise the charges for loading and unloading 20-foot and 40-foot containers by about 10%, starting from January 2022.
The move triggered a strong rally in port operators’ shares. An index tracking mainland-listed port operators jumped 6.4% on Friday, making it the best-performing sector in the China’s A-share market on . . .
SIGN IN OR SUBSCRIBE TO GET FULL ACCESS.
Stop Googling for China market information. Yuan Talks put all market-moving news in one place. You will never again be left in the dark when market moves. Start your FIVE-DAY FREE TRIAL today!