China Zhongwang Holdings Ltd (1333.HK)
19 Jan 2018
WASHINGTON, Jan 12 The U.S. International Trade Commission on Friday said in an initial finding that imports of aluminum alloy sheet metal from China harm U.S. producers, allowing a U.S. probe to proceed into whether the product was being dumped or unfairly subsidized.
* Zhongwang's chairman still in talks to buy Aleris Corp (Adds detail on Silver Yachts' management in 4th paragraph)
HONG KONG China Zhongwang Holdings Ltd said on Thursday it had acquired a controlling stake in an Australian all-aluminum superyacht builder, as the Chinese firm aims to expand the application of aluminum in the marine sector.