Express News | Sinotrans invests in the establishment of a supply chain company with business including satellite communication services
Changes in Hong Kong stocks | most shipping stocks are rising, and the escalation of geographical conflicts compounded by price increases, and the European shipping index continues to reach new highs
The Zhitong Finance App learned that most shipping stocks rose. As of press release, COSCO Marine (01138) rose 4.26% to HK$9.06; Pacific Shipping (02343) rose 2.91% to HK$2.72; Sinotrans (00598) rose 1.18% to HK$4.3; and Dongfang Overseas International (00316) rose 0.95% to HK$105.9. According to news, on April 25, the main futures contract of the Shipping Index (European line) opened more than 6% higher, breaking 2,800 points at one point, continuing to hit a new high since listing. MSC, Maersk, and Dafei all drastically raised their May shipping schedules
Hong Kong Stock Concept Tracking | The shipping market has set off a “wave of price increases”! The increase of nearly 70% on some routes indicates that long-term supply pressure still exists (with concept stocks)
The shipping market has obvious off-peak season characteristics, and the increase in freight rates generally accompanies the peak shipping season.
Changes in Hong Kong stocks | Dongfang Overseas International (00316.HK) rose more than 4%, leading the way forward, the situation in the Middle East, once again escalated, European shipping soared by more than 15% to reach a new listing high
Shipping stocks generally rose in early trading. As of press release, Dongfang Overseas International (00316.HK) rose 3.48% to HK$101.2; COSCO Maritime Control (01919.HK) rose 3.36% to HK$8.93; and Sinotrans (00598.HK) rose 1.24% to HK$4.07. Additionally, Pacific Shipping (02343.HK) rose 8.26% to HK$2.62; COSCO Marine (01138.HK) rose 5.21% to HK$9.08.
Express News | Aiming at the “Third Startup”, Shanghai companies under China Merchants Group deliver investment value in multiple dimensions
Sinotrans (601598.SH): Currently, Qingping Company's L4 is in the demonstration application stage
Gelonghui, April 16 | Sinotrans (601598.SH) said on an interactive platform that 1) The level of L4 autonomous driving is divided into R&D tests, demonstration applications, and large-scale commercial implementation from the perspective of implementation applications. Currently, Qingyi Company's L4 is in the demonstration application stage. Implementation applications are being carried out on some demonstration routes to refine autonomous truck technology and processes with actual business requirements. 2) L2 and L4 are fundamentally different on the technical route. First, L2 level autonomous driving realizes partial autonomous driving in specific scenarios. Drivers need to keep an eye on the driving environment and take over vehicle control when prompted by the system (such as lane lines)
Sinotrans (00598.HK) plans to hold a board meeting on April 29 to approve the first quarter results
GLONGHUI, April 16, 丨 Sinotrans (00598.HK) announced that the company will hold a board meeting on April 29, 2024 (Monday) to consider and approve (including) the unaudited results of the company and its subsidiaries for the first quarter ended March 31, 2024 and their announcements.
中國外運:董事會會議通告
中國外運:二零二三年度報告
Ministry of Transport: From April 1 to April 7, the total number of goods transported by national railways was 703.17 million tons, down 3.51% from the previous month
National railways transported a total of 703.17 million tons of goods, a decrease of 3.51% over the previous month; a total of 468.26 million trucks passed on highways across the country, a decrease of 12.98% over the previous month.
China IoT: China's logistics industry sentiment index in March was 51.5%, up 4.4 percentage points from month to month
The Zhitong Finance App learned that on April 2, the China Federation of Logistics and Purchasing released the China Logistics Industry Sentiment Index for March.
China's Logistics Sector Registers Growth in First Two Months
China's logistics sector rallied in the first two months of the year, according to an industry report.
Sinotrans (601598): Multi-sector business collaboration boosts steady growth in annual performance
Sinotrans discloses 2023 annual report Sinotrans discloses 2023 annual report. The company's revenue in 2023 was 101.70 billion yuan, a year-on-year decrease of 6.9%, achieving net profit to mother of 4.22 billion yuan, an increase of 3
Express News | Sinotrans signs strategic cooperation agreement with China's Nanshan
Sinotrans (00598): The number of shares exercised during the first exercise period of the Stock Options Incentive Plan (Phase 1) was approximately 21.171 million shares
Sinotrans (00598) released the first exercise results for the first exercise period of the company's stock options incentive plan (first phase),...
China Galaxy Securities: Cross-border e-commerce logistics welcomes new development opportunities, digital freight has broad room for development
China Galaxy Securities released a research report stating that under the opportunities brought about by the accelerated development of China's digital economy, it is recommended to focus on logistics industry segments and targets related to main digital lines such as cross-border e-commerce logistics and digital freight.
Hong Kong Stock Concept Tracking | Cross-border e-commerce logistics boom, institutions are optimistic about the broad space for digital freight (with concept stocks)
By 2025, China's online freight platform market will reach nearly 700 billion yuan, with broad room for growth.
Galaxy Securities: Cross-border e-commerce logistics welcomes new development opportunities, digital freight has broad room for development
Galaxy Securities predicts that by 2025, China's online freight platform market will reach nearly 700 billion yuan, with broad room for growth.
Daiwa: Sinotrans (00598)'s 2023 performance was better than expected, and the target price rose to HK$4.15
Daiwa expects the net profit of Sinotrans (00598) to rise to 4.46 billion yuan this year.
Hong Kong stock changes丨Sinotrans AH shares rose by more than 10%, and H shares rose more than 10% to a new high in the Q4 period, and Q4 net profit doubled year-on-year
GLONGHUI March 25 | Hong Kong stocks, China Sinotrans, rose sharply by more than 10%, to a new high of HK$3.98, while A-share Sinotrans rose nearly 8% to 6.31 yuan. According to news, the company's net profit to mother reached a record high of 4.222 billion yuan in 2023, up 3.5% year on year; of these, net profit for the fourth quarter was 1,058 billion yuan, a sharp increase of 110.61% year on year. Guojin Securities pointed out that the company's full-year and fourth-quarter results exceeded market expectations. Freight forwarder profits increased, and professional logistics profits increased.
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