01199 COSCO SHIP PORT
- 4.650
- -0.120-2.52%
COSCO SHIP PORT News
Hong Kong stock concept tracking | Red sea situation escalates again! Institutions: global marine transportation companies with European business will benefit significantly. (Attached with concept stocks)
Considering the current situation of long-term contract signing and the possibility of further tightening of marine transportation capacity, it is expected that global marine transportation companies with European business will significantly benefit and their performance is expected to improve in 2024.
Guolian Securities: Marine transportation costs have risen sharply from the beginning of the year to now. Enterprises with a high FOB proportion are worth paying attention to.
Since 2024, marine transportation fees have increased significantly, and as a result, the market is more concerned about the short-term profit performance of export companies.
Guolian Securities: How much impact will the significant increase in marine transportation fees have on export categories?
Guolian Securities believes that companies with a higher proportion of FOB, a larger proportion of production capacity transferred overseas, and a higher unit volume value are less affected by the rise in freight rates.
Investors Five-year Losses Continue as COSCO SHIPPING Ports (HKG:1199) Dips a Further 6.5% This Week, Earnings Continue to Decline
HK stocks fluctuate | ooil (00316) rose more than 5% due to tight capacity situation, and the second quarter INE freight index (Europe) surged 227%.
According to the Wisdom Finance and Economics App, the tense situation of logistics capacity remaining unchanged, as of press time, OOIL (00316) rose 5.05% to HKD 133.10; COSCO Shipping Holdings (01919) rose 4.39% to HKD 14.28; COSCO Ship Port (01199) rose 4.27% to HKD 5.62; SITC International (01308) rose 3.30% to HKD 21.90. In terms of news, on July 1, the Shanghai Shipping Exchange announced the latest Shanghai Containerized Freight Index (SCFI) for exports. Among them, the latest report on the European route is 5,353.02 points.
Cosco Shipping Ports Chairman Retires; Shares Fall 3%
Cosco Ship Port (01199.HK): Director and General Manager Zhu Tao has been appointed as the Chairman of the Board of Directors.
On June 26th, Gelunhui reported that starting from June 26th, 2024, due to reaching retirement age, Yang Zhijian resigned from the executive director and chairman of the board, and no longer served as the authorized representative designated by the company for the Securities Listing Rules of the Hong Kong Stock Exchange, the agent for receiving legal process documents for the company in Hong Kong, the chairman of the executive committee and the investment and strategic planning committee set up by the company's board of directors, and a member of the Environmental, Social and Governance Committee. Also announced on the same day, starting from June 26, 2024,
Express News | COSCO SHIPPING Ports - Zhu Tao Appointed as Chairman
Express News | COSCO SHIPPING Ports - Yang Zhijian Resigned as Executive Director and Chairman
These 4 Measures Indicate That COSCO SHIPPING Ports (HKG:1199) Is Using Debt Extensively
Cosco Ship Port (01199.HK) plans to issue 109 million shares based on stock dividends.
COSCO Shipping Ports (01199.HK) announced on June 19th that it will issue approximately 109 million shares of dividend shares in accordance with the stock dividend plan for the second interim dividend of the year ending December 31, 2023 on June 19, 2024.
GTJA: Differentiated market impact on shipping, short-term freight rates fall without changing the medium-term upward trend.
The recent expected changes in oil prices are affecting trade pace. The short-term freight rates are expected to fall temporarily but the medium-term trend is still upward. In the second half of the year, the marginal impact of Middle East production cuts will weaken, and the rigidity of supply during the peak season will be highlighted. The economy is expected to improve and performance is expected to grow.
Cosco ship port (01199.HK) received 2.914 million shareholding from Cosco Shipping Holdings.
According to the latest equity disclosure information from the Stock Exchange of Hong Kong, on June 6, 2024, COSCO Shipping Ports (01199.HK) received an increased shareholding of 2.914 million shares from COSCO Shipping Holdings at an average price of HKD 5.794 per share, with a total investment of approximately HKD 16.8837 million. After the shareholding increase, the latest number of shares held by COSCO Shipping Holdings is 2,530,229,793, and the shareholding ratio has increased from 70.92% to 71.00%.
Should You Investigate COSCO SHIPPING Ports Limited (HKG:1199) At HK$5.77?
HK Stock News: Cosco Ship Port (01199) rose nearly 6% in the afternoon, with total throughput in the first quarter outperforming the industry. The port industry is expected to experience volume and price resonance.
Zhitong Finance APP learned that COSCO Ship Port (01199) rose nearly 6% in the afternoon, up 5.61% to HKD 5.84 at the time of publication, with a turnover of HKD 53,878,600. CITIC Securities recently pointed out that due to the downward adjustment of port rates, the overall valuation level of the port industry has continued to decline since 2017, and the PB level of the port industry has fallen to a historical low. With the gradual recovery of the global economy, the throughput growth rate of China's port industry is expected to usher in space for repair. With the gradual manifestation of the effect of port resource integration, the competition among ports in terms of price is alleviated, and the port industry is expected to welcome the resonance of quantity and price. Goldman Sachs.
Etihad Rail, Cosco Shipping Ports Unit Signs MoU for Railway Transport Services Expansion
COSCO SHIPPING Ports (01199.HK) received an increase of 5.972 million shares from COSCO Maritime Control
Gelonghui, May 31 | According to the latest equity disclosure data from the Stock Exchange, on May 29, 2024, COSCO SHIPPING Ports (01199.HK) received an increase of 5.972 million shares at an average price of HK$5.58 per share on the market, involving approximately HK$33.2338 million. After the increase in holdings, COSCO Offshore's latest shareholding was 2,500,331,793 shares, and the shareholding ratio increased from 69.99% to 70.16%.
COSCO SHIPPING Ports (01199.HK): Chen Dong retires as non-executive director
Gelonghui, May 24 | COSCO SHIPPING PORT (01199.HK) announced that all ordinary resolutions submitted by the company at the annual general meeting of shareholders held on May 24, 2024 (with the exception of resolution 2 (b), which were not submitted because Chen Dong was not re-elected for re-election) have been formally passed by the company's shareholders by voting.
COSCO SHIPPING Ports (HKG:1199) Hasn't Managed To Accelerate Its Returns
COSCO SHIPPING Ports (01199) will pay an interim dividend of HK$0.155 per share on June 19
COSCO SHIPPING PORTS (01199) announced that the company will pay an interim dividend per share on June 19, 2024...
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