Chan says a deal could close by the end of the year and would double Cosco Holdings' net income, though earnings per share would rise by a smaller amount.

陈昌华指出，第一桩交易有可能在今年年底完成，虽然这对提高中国远洋的每股收益作用不大，但却可以使其净利增长一倍。

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Our Dec. 10 story on the Chinese shipping giant Cosco Group referred to a Hong Kong-listed unit, China Cosco Holdings.

FORBES: Magazine Article

Also in Hong Kong, China's largest shipping company China Cosco Holdings fell 5.3% after the company announced that it plans to sell its logistics unit to its state-owned parent.

WSJ: Asian Shares Fall; Liquidity Concerns Hit Shanghai