Despite a mild recovery in the shipbuilding market over the past 18 months, Rongsheng has received few new orders. Photo: SCMP

Shares in China Rongsheng Heavy jump on HK$3.2b fundraising plan

Shipbuilder's shares go on roller-coaster ride as trading resumes amid plans to raise up to HK$3.23b for foray into energy

Topic |   China Rongsheng

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Despite a mild recovery in the shipbuilding market over the past 18 months, Rongsheng has received few new orders. Photo: SCMP
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Toh Han Shih

Toh Han Shih

Toh Han Shih was senior Asia correspondent of MLex, a media organisation focusing on regulatory risk, from November 2015 to March 2018. Prior to that, he was a reporter at the South China Morning Post in two stints for roughly 10 years.