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CSIC Stocks Skyrocket, CSIC Hanguang Hits 20CM Daily Limit
4 day ago /
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Author：小编
The Shanghai Stock Exchange has given the green light to the share-swap merger between China Shipbuilding Industry Corporation (CSIC) and China CSSC Holdings Limited, prompting a surge in multiple shipbuilding stocks. Notably, CSIC Hanguang surged to its daily limit, while Kunming Shipbuilding Intelligent Equipment witnessed gains exceeding 5%. Upon the completion of this restructuring, CSIC is poised to emerge as the world's largest listed shipbuilding company, boasting an order backlog that represents over 18% of the global market. Furthermore, its production schedule extends well into 2029.
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