Chu Kong Shipping expects to increase market share to 30%

Xie Xiaohong, vice managing director of Chu Kong Shipping Development (0560), 
said the company planned to develop the logistic markets in Western China and 
overseas, including Japan and Singapore, hoping to increase the market share of
 the company in Hong Kong shipping business from 6-7% to 30% in 5-10 year. He 
also said in order to develop the western market, the company had set up a 
subsidiary in Chongqing, but whether it would acquire shareholding in Chongqing
 wharf as the strategic base of developing logistic depended on whether the

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