Antong Holdings, the holding company of domestic shipping line Quanzhou Ansheng Shipping, could be the target of a hostile takeover by Sinotrans Container Lines (Sinolines) after its attempt to acquire the latter failed in May. Antong, which also owns forwarder Quanzhou Antong Logistics, informed the Shanghai Stock Exchange on 11 July that Sinolines, a subsidiary of […] The post Sinolines and China Merchants affiliates intensify control over Antong appeared first on Container News .