601598 Sinotrans Limited
- 5.95
- -0.02-0.34%
Sinotrans Limited News
Shipping stocks are rapidly surging! The crisis in the Red Sea has triggered soaring freight rates, and these concept stocks have already doubled in value this year.
In May, the index for block orders (European line) continued to rise, with a cumulative increase of more than 40% throughout the month, and multiple times refreshing historical highs.
Cross-border e-commerce exports welcome significant benefits! Which Hong Kong and US stocks are expected to benefit?
Recently, the Executive Meeting of the State Council reviewed and approved “Opinions on Expanding Cross-border E-commerce Exports and Promoting Overseas Warehouse Construction”. The conference pointed out that developing new forms of foreign trade, such as cross-border e-commerce and overseas warehouses, is conducive to promoting the optimization of foreign trade structure and scale stability, and to creating new advantages in international economic cooperation.
The Hang Seng Shipping Index had a total return of more than 30% during the year, and the high dividend ratio supported the sector to continue to outperform the market
① The Hang Seng Shipping Index has a total return of more than 30% during the year. What are the highlights of the fundamentals of the industry? ② The high dividend ratio supports the sector that continues to outperform the market. How high is the relative return in the past three years?
Sinotrans (601598): Q1 performance under short-term pressure, steady growth in operating volume
The incident describes 2024Q1. The company's revenue was 24.29 billion yuan, up 8.1% year on year; net profit to mother was 80 billion yuan, down 16.1% year on year; net profit after deducting non-return to mother was 730 million yuan, down 14.8 million year on year
Ministry of Transport: From May 20 to 26, the cumulative collection volume of postal express delivery across the country was about 3,593 billion pieces, up 7.29% month-on-month
From May 20 to May 26, the national freight logistics run in an orderly manner.
Changes in Hong Kong stocks | Sinotrans (00598) rose more than 5% in early trading, cross-border e-commerce welcomed favorable policies, agencies say DHL's profits are flexible
Sinotrans (00598) rose more than 5% in early trading. As of press release, it had risen 4.55% to HK$4.37, with a turnover of HK$15.531 million.
The Hong Kong stock shipping and port sector strengthened. COSCO Maritime Control and Sinotrans rose more than 3%, and Oriental Overseas International rose nearly 7%.
The Hong Kong stock shipping and port sector strengthened. COSCO Maritime Control and Sinotrans rose more than 3%, and Oriental Overseas International rose nearly 7%.
Express News | GF Securities gave an initial rating for Sinotrans A shares to increase its holdings and an initial rating for the purchase of Sinotrans H shares
Express News | Tianfeng Securities: Shipping prices have increased, and shipping, packaging, freight forwarding, etc. have ushered in investment opportunities
Sinotrans: Appointing Li Xiaoyan as New Chief Financial Officer
Sinotrans Co., Ltd. announced that Wang Jiuyun, the company's financial director, resigned due to job adjustments, effective May 20, 2024. The company appointed Ms. Li Xiaoyan as the new financial director for the term until the end of the term of the third board of directors.
Sinotrans (601598): Diversified business, leading shareholder returns leading to value realization
Core view: China's first foreign trade transportation enterprise, leading international logistics giant in volume. Established in 1950, Sinotrans is the general agent for the transportation of Chinese foreign trade import and export goods. With the booming development of China's foreign trade, and more
Statistics on changes in the share of Zhitong Hong Kong Stock Connect | May 22
Statistics on changes in the share of Zhitong Hong Kong Stock Connect | May 21, 2024
Sinotrans (00598): Li Xiaoyan appointed as financial director
Sinotrans (00598) issued an announcement. The board of directors recently received a letter of resignation from Wang Jiuyun, the company's financial director, due to a job change...
South Korean Shares Rise Ahead of US Fed Minutes Release; HL Mando Adds Over 4% on Business Deal With Kakao
South Korean shares closed higher on Monday, driven by significant gains in chip and automotive giants, ahead of the minutes of the US Federal Reserve's last monetary policy meeting, scheduled to be r
LX International Subsidiary, Sinotrans Establish Global Logistics Services JV
LX International's (KRX:001120) logistics unit LX Pantos and Chinese logistics firm Sinotrans (SHA:601598) signed a deal to establish a joint venture to capitalize on the increasing global shipping ne
SINOTRANS To Go Ex-Dividend On June 12th, 2024 With 0.1572 HKD Dividend Per Share
May 17th - $SINOTRANS(00598.HK)$ is trading ex-dividend on June 12th, 2024. Shareholders of record on June 13th, 2024 will receive 0.1572 HKD dividend per share on July 22nd, 2024. The ex-dividend
Sinotrans (00598) will pay a final dividend of 0.145 yuan per share on July 22
Sinotrans (00598) announced that the company will pay a final dividend of 0 per share on July 22, 2024...
SINOTRANS: NOTICE OF 2023 ANNUAL GENERAL MEETING
Gold is overshadowed by the limelight! International shipping prices have skyrocketed. What are the investment opportunities for Hong Kong and US stocks?
The upcoming traditional peak season for shipping will also further catalyze the rise in market expectations for shipping demand.
A quick look at the Hong Kong market | The three major indices have risen one after another. Technology Network stocks and power stocks are popular. Bilibili has risen more than 6%, and Huadian International has risen nearly 8%
Biotech stocks had mixed ups and downs. Pharmaceutical and Ming Union fell%, and Jinxin Fertility rose%; shipping stocks rose, with Dongfang Overseas International, COSCO Marine Control, and COSCO Marine Energy up nearly 6%.
Analysis
Price Target
No Data
