May 23, 2018 / 9:42 AM / 5 months ago

China's Dandong Port Group says assets frozen in securities dispute

SHANGHAI (Reuters) - Port operator Dandong Port Group said its assets worth 2.7 billion yuan ($422.87 million) have been frozen by a local court as a result of a securities dispute with a local brokerage.

The company said the freezing of its assets had the potential to harm its operations and its ability to repay debts.

Reporting by Andrew Galbraith; Editing by Richard Borsuk

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