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Top shareholder of China s troubled Zhongrong Trust plans to delist

SHANGHAI (Reuters) - Jingwei Textile Machinery Co, the biggest shareholder of troubled Chinese trust firm Zhongrong International Trust Co, said it plans

Top shareholder of China s troubled Zhongrong Trust plans to delist; stock surges

SHANGHAI :China's Jingwei Textile Machinery Co - the biggest shareholder of troubled Zhongrong International Trust Co - saw its stock surge on Wednesday after offering to buy out investors who object to the firm's plan to switch bourses.The price of Jingwei stock, which resumed trade following a two-day halt,

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