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"China's giant ship" is setting sail! China CSSC's major asset restructuring has been approved, and the merger and restructuring "warm wind" is blowing towards 2025.
The "China giant ship" is sailing towards us.
China CSSC (600150.SH) has received approval from the State-owned Assets Supervision and Administration Commission and other competent authorities for the share swap and absorption merger with China Shipbuilding Industry.
China CSSC (600150.SH) announced that the company intends to issue shares to China CSSC Heavy Industry Company Limited.
【Brokerage Focus】Zheshang Securities initiates a "Buy" rating on CSSC SHIPPING (03877), noting that its dividend yield is attractive.
Jin Wu Financial News | Zheshang has released a research report indicating that CSSC SHIPPING (03877) is a global leading ship leasing company and the first and only listed shipyard-affiliated leasing company in China. Benefiting from the shareholders' professional background, a "fixed + flexible" operation model, a high-quality and balanced fleet of assets, and a robust risk control system, the company boasts higher performance growth and more efficient asset returns compared to its peers. Additionally, at this point in time, with risk-free interest rates continuing to decline, the company's dividend yield is attractive. The institution expects the company's revenue for 2024-2026 to be 4.04, 4.16, and 4.32 billion Hong Kong dollars, with net income attributable to the parent.
CSSC SHIPPING (03877): Chairman of the Board of Directors Li Hongtao has been appointed as Chief Executive Officer.
CSSC SHIPPING (03877) announced that the current employment contract with Li Xi will expire on December 31, 2024...
Huihe Eco-friendly Concept will be offering shares from December 31 to January 6, with an expected listing date of January 9.
Huige Eco-friendly Concept (02613) will go public from December 31, 2024, to January 6, 2025. The company plans to globally offer 10 million shares Listed in Hong Kong, with 10% allocated to the Hong Kong offering and 90% to the international offering. The offering price ranges from HKD 31.8 to HKD 39.8 per share, with a minimum package of 100 shares. It is expected that the company's H shares will begin trading on January 9, 2025 (Thursday) at 9:00 AM (Hong Kong time) on the Hong Kong Stock Exchange. The company is a provider of environmental protection equipment and systems for China CSSC, serving customers around the world. According to the data from Frost & Sullivan, by December 2023.
GF SEC: The stock performance of marine engines lags behind that of Ships. In the long term, there is a greater potential market space and elasticity.
The moderate recovery of capacity in downstream private Shipyards is expected to drive the continuous expansion of engine demand. Unlike Ships, the technology iteration driven by the Eco-friendly Concept accelerates the transformation of engine technology, resulting in a greater increase in value.
There's No Escaping China CSSC Holdings Limited's (SHSE:600150) Muted Revenues
