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Trade & Logistics
11 October 2026
Chinese shipping investor makes play for asphalt tanker owner Xin Yuan
Chinese shipping entrepreneur Liu Jichun is seeking control of Hong Kong-listed asphalt tanker operator Xin Yuan Enterprises through a proposed cash takeover worth up to HK$771m ($99m). Liu’s investment vehicle Ocean Vivo has announced a voluntary conditional offer of HK$2. 21 per share for the stock it does not already own, valuing Xin Yuan’s entire equity …
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