01919 COSCO SHIP HOLD
- 9.590
- +0.090+0.95%
COSCO SHIP HOLD News
CICC: Freight rates may remain high in the short term to improve the certainty of profits and dividends for shipping companies this year
Recently, freight rates have continued to rise due to continued detours in the Red Sea, increased demand for US routes, shipping companies' capacity control, and pre-May Day shipments.
Beishui raised nearly HK$800 million from Tencent and sold HSBC Holdings worth nearly HK$400 million; Nanshui added a warehouse of nearly 900 million yuan to Kweichow Moutai
On April 22 (Monday), Southbound made net purchases of HK$2,901 million in Hong Kong stocks today. Bank of China and China Mobile received net purchases of HK$577 million and HK$240 million respectively.
Hong Kong Stock Afternoon Review | The three major indices rose, and the Tech Index rose nearly 2%; TechNet stocks performed brilliantly; Meituan and Tencent rose nearly 5%
Gold stocks generally fell; Shandong Gold and Zhaojin Mining fell more than 6%; shipping stocks rose one after another; Pacific Shipping rose more than 5%, and Oriental Overseas International rose more than 3%.
Intraday Overview | The three major indices all rose more than 2%! Tencent and Meituan increased by about 5%
TechNet stocks strengthened, with Kuaishou, JD, and NetEase up about 4%, and Bilibili and Alibaba about 3%.
Changes in Hong Kong stocks | Shipping stocks continue their recent gains. Shipping companies collectively announced price increases in May, and the actual results of implementation remain to be seen
Shipping stocks continued their recent gains. As of press release, Pacific Shipping (02343.HK) rose 3.83% to HK$2.71; Orient Overseas International (00316.HK) rose 3.82% to HK$106; COSCO Marine Holdings (01919.HK) rose 3.15% to HK$9.18; and Haifeng International (01308.HK) rose 2.04% to HK$16.02.
中遠海控：2023年報
The situation in the Middle East has once again become the focus of the market. Pacific Shipping surged more than 9% to lead the sector
① What is the current state of the conflict between Israel and Iran? ② What is the reason for the surge in Pacific Shipping?
Hong Kong Stock Afternoon Review | The three major indices fell sharply, auto stocks fell, and Ideal Auto fell by more than 7%
Technology and network stocks generally fell; Xiaomi fell more than 4%, Meituan fell nearly 4%; shipping stocks rose higher, Pacific Shipping rose more than 9%, and COSCO Haineng rose more than 5%.
Intraday Overview | The three major indices fell sharply, and the technical index fell nearly 3%; oil and shipping stocks rose against the market
Technology and network stocks generally fell; Meituan fell nearly 5%, Xiaomi fell more than 4%, and Ali fell nearly 3%; automobile stocks had the highest declines, with Ideal and Xiaopeng falling nearly 7%.
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.
Hong Kong stocks and shipping stocks rose against the market. Pacific Shipping rose more than 7%, while COSCO Marine Energy, COSCO Maritime Control, and Orient Overseas International rose at the same time.
Hong Kong stocks and shipping stocks rose against the market. Pacific Shipping rose more than 7%, while COSCO Marine Energy, COSCO Maritime Control, and Orient Overseas International rose at the same time.
COSCO Marine Controls (01919.HK) plans to hold a board meeting on April 29 to approve quarterly results
Gelonghui, April 16, 丨 COSCO Marine Control (01919.HK) announced that the board of directors 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 three months ended March 31, 2024.
中遠海控：董事會會議通知
Express News | Sharing the “growth dividend” with investors, Shanghai companies are enthusiastic about cash dividends
Bank Rating | Goldman Sachs: Raising COSCO Offshore Control's Target Price to HK$6.8
Glonghui, April 7 | Goldman Sachs published a research report stating that COSCO Offshore's profit last year was in line with expectations. During the period, net profit fell 78% to 23.9 billion yuan, which meant that net profit for the previous quarter was 1.8 billion yuan, down 85% year-on-year, and 68% quarterly. The bank mentioned that the group's container transportation business only achieved break-even in the last quarter.
Market Volatility and Shipping Rate Instability Prompting Sell Rating for COSCO SHIPPING Holdings Co
Express News | A number of shipping companies raised sea freight rates: up to 2,000 US dollars
COSCO Marine Control (01919) intends to provide guarantee authorization
Zhitong Finance App News, COSCO Marine Holdings (01919) issued an announcement. In order to meet the Group's daily operating, investment and financing needs, the board of directors will propose to grant new authorizations to shareholders at the upcoming annual shareholders' meeting. From the date of the upcoming annual shareholders' meeting to the date of the company's 2024 annual shareholders' meeting, the total amount of guarantees provided by the group to the guarantors in proportion to the shares held in such guarantors will not exceed US$3.776 billion (or other equivalent currency, approximately RMB 26.789 billion). The Group intends to be wholly or non-wholly owned by COSCO SHIPPING (a wholly-owned subsidiary of the company) and its ten companies
COSCO Maritime Control (01919) plans to renew PricewaterhouseCoopers and Shinyoung Zhonghe
Zhitong Finance App News, COSCO Financial App (01919) issued an announcement. On March 28, 2024, the board of directors passed the following resolution recommending the renewal of the company's auditor (proposed renewal of the auditor): (i) Proposed the renewal of Luo Bingxian Yongdao Accounting Firm as the company's overseas auditor (2024 overseas auditor) and Xinyong Zhonghe Certified Public Accountants (special general partnership) as the company's domestic auditors (2024 domestic auditors) for the term of office until the end of the company's next annual shareholders' meeting; and (ii) the company should Paying with PricewaterhouseCoopers 2024 foreign nuclear
COSCO Shipping Holdings Posts 78% Profit Drop in 2023 as Revenue Falls 55%
COSCO Shipping Holdings' (HKG:1919) net profit attributable to shareholders declined 78.27% to 23.86 billion yuan in the year ended Dec. 31, 2023, from 109.79 billion yuan a year ago, according to a March 28 filing with the Hong Kong Stock Exchange.
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