Changjiang Securities: The new ship price index continues to rise, and the delivery of China's container ships is accelerating.

The shipbuilding industry is still in the stage of structural recovery, with container ships and LNG ships recovering first, and the main types of oil tankers and dry bulk carriers expected to follow suit. The industry's upward trend is clear and with supply bottlenecks, ship prices are expected to continue to rise.

Zhitong FinanceJul 8 22:55 ET

CSSC (Hong Kong) Shipping Company Limited (HKG:3877) Surges 4.5%; Public Companies Who Own 75% Shares Profited Along With Institutions

Key Insights Significant control over CSSC (Hong Kong) Shipping by public companies implies that the general public has more power to influence management and governance-related decisions CSSC Offsh

Simply Wall StJun 13 18:57 ET

GTJA: Maintains a "Shareholding" rating for CSSC Shipping, with a target price of HKD 2.06.

GTJA released a research report stating that it maintains a "shareholding" rating for CSSC Shipping (03877), with a net profit forecast of HKD 2.2/2.4/2.6 billion for 2024-2026 and a target price of HKD 2.06. The company is the only shipyard leasing company in China with a deep understanding of the shipping industry and a firm commitment to "countercyclical shipbuilding, cyclical operation." In recent years, with the improvement of the shipping industry, it is expected that the company's short-term leasing business will benefit fully, and its profitability will exceed expectations. At the same time, the company's capital expenditure will continue to slow down, and the dividend payout ratio is expected to gradually increase. The company's low PE ratio will make it a potential high dividend-paying symbol. GTJA's main points are as follows: By 2023,

新浪港股Jun 10 21:58 ET

CSSC (Hong Kong) Shipping's Chairman Retires; Successor Named

Zhong Jian has retired as the chairman and executive director of CSSC (Hong Kong) Shipping (HKG:3877) among other roles effective immediately, a Thursday filing on the Hong Kong bourse said. The ship

MT NewswiresMay 23 07:26 ET

China Ship Leasing (03877.HK): Li Hongtao appointed as Chairman of the Board

Gelonghui, May 23, 丨 China Ship Leasing (03877.HK) issued an announcement. Starting May 23, 2024: Zhong Jian resigned as Chairman of the Board of Directors, Executive Director, Nomination Committee, Strategy and Investment Committee, and Chairman and Authorized Representative of the Company; and Li Hongtao was appointed as Chairman of the Board of Directors, Executive Director, Nomination Committee, Strategy and Investment Committee, and ESG and Sustainability Committee as respective chairs and authorized representatives of the company.

Gelonghui FinanceMay 23 05:21 ET

CSSC (Hong Kong) Shipping's Unit to Buy to Lease Back Product Tankers

Two special purpose vehicles owned by CSSC (Hong Kong) Shipping (HKG:3877) will buy to lease back two product tankers from Asia Pacific Shipping for $105.3 million, a Monday filing on the Hong Kong bo

MT NewswiresMay 21 05:50 ET