Antitrust Antitrust

China's Xinjufeng says its Greatview stake won't lead to control of rival

By Yonnex Li
  • 24 May 2023 06:31
  • 24 May 2023 06:31
Shandong Xinjufeng Technology Packaging won't obtain control of Greatview Aseptic Packaging through its proposed investment in the competitor, the Chinese packaging-materials supplier has said.

The planned purchase of a 28.22 percent stake in Hong Kong-listed Greatview doesn't constitute a "concentration" under China's Antimonopoly Law and doesn't require a merger notification to the antitrust

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Yonnex Li

Chief Correspondent, Greater China

Yonnex has an MA in Journalism from the Chinese University of Hong Kong, after obtaining a BA in Translation at the same university. At MLex, she writes extensively on antitrust developments in the Greater China region, including investigations, court cases and merger control of international transactions. Prior to joining MLex, she worked as a reporter at the English division of the Hong Kong Economic Journal, providing coverage and analysis on China's banking sector, asset management industry as well as currency and financial reforms.

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