Hengli Heavy rides out sanctions scare to hit $20bn valuation
- Market cap tops Yuan150bn as shares recover from post-sanctions dip
- Legal experts say shipbuilder faces no compliance risk due to separate corporate structure from sanctioned refinery
- Sanctions timing ahead of Trump’s China visit hints at potential negotiating leverage
The world’s third-largest shipbuilder shrugs off sanctions shadow as separate corporate structure shields it from US measures targeting affiliated refinery
