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COSCO SHIP ENGY's intraday rise exceeded 8%, with an expected annual profit attributable to Shareholders growing approximately 17.2% year-on-year.
COSCO SHIP ENGY (01138) surged over 8% after announcing a profit warning, and as of the time of writing, the stock price has risen by 4.22%, currently reported at 6.92 Hong Kong dollars, with a transaction volume of 0.105 billion Hong Kong dollars.
Hong Kong stock Concept tracking | Saudi Arabia raised crude oil prices for February. The shipping industry's prosperity outlook is Bullish in the long term (including Concept stocks).
The recovery in demand is expected to create long-term prosperity in the oil transportation sector.
Announcement Highlights | Tencent reduces its shareholding in Weimob and UBTECH, cashing out over 1.6 billion Hong Kong dollars; COSCO SHIP ENGY anticipates a net profit increase of 17.2% for 2024.
BE FRIENDS HLDG's annual Commodity Trade volume increased by about 20%; Q TECH: In December, the sales volume of mobile phone camera modules was approximately 30.595 million units, a month-on-month decrease of 24.1% and a year-on-year decrease of 12.4%.
Hong Kong stock report for January 10: Tencent's Shareholding in Weimob and UBTECH cashing out exceeds 1.6 billion Hong Kong dollars. Cui Dongshu warns of a "price war" storm in the Autos market by 2025.
① Tencent continuously reduced its shareholding in WEIMOB INC and UBTECH, cashing out 1.67 billion Hong Kong dollars. ② Shanghai: By 2026, the new energy storage capacity is expected to reach an application scale of over 0.8 million kilowatts. ③ Cui Dongshu from the Passenger Car Association: The "price war" in the Autos industry will be extremely fierce in 2025. ④ TrendForce predicts that the Global market for large language models in robots is expected to exceed 100 billion dollars by 2028.
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Xunting Wu : COSCO Offshore Holdings is currently HK$12.54. Why is the target price 7.6?