BK0432 Baltic Dry Bulk Index (BDI)
- 2140.523
- -12.162-0.56%
China Merchants Energy Shipping Inks 10 Billion Yuan Deal With QatarEnergy
China Merchants Energy Shipping (SHA:601872), through its subsidiary China Merchants Qiyun, signed a 10 billion yuan contract to build and lease four liquefied natural gas (LNG) carriers to QatarEnerg
China Merchants Shipping (601872.SH): Signed long-term transportation and shipbuilding agreement for Qatar Energy LNG transportation project
Gelonghui, May 6 | China Merchants Shipping (601872.SH) announced that recently, four single shipping companies under China Merchants Gas Transport and Qatar Energy held a 25+5-year “Long-term Transportation Agreement” signing ceremony for 4 QCMAX LNG carriers in Beijing. After the ceremony, the two sides signed a separate agreement, which came into effect on May 2. On the same day, the “Ship Construction Agreement” with Hudong Shipyard for 4 QCMAX LNG carriers was signed and entered into force. The total cost of the ship was approximately RMB 10 billion.
Express News | CICC maintained COSCO Marine Control's “outperforming the industry” rating, and the target price increased to HK$11.5.
CICC: Maintaining the COSCO Maritime Holdings (01919) “Outperform the Industry” rating, the target price was raised to HK$11.5
CICC raised COSCO Marine Holdings (01919)'s profit forecast by 49% to RMB 22.1 billion this year, and by 15.7% to RMB 15.3 billion in 2025.
Bank Rating | Goldman Sachs: Slightly raised the target price of COSCO Offshore Holdings H shares to HK$6.9 to give a “sell and sell” rating
According to a research report published by Goldman Sachs, COSCO Offshore's net profit for the first quarter was 6.8 billion yuan, a marked improvement from 1.8 billion yuan in the fourth quarter of 2023, but it is still slightly lower than 7.1 billion yuan in the same period last year, in line with market expectations and management's guidelines for profits to remain basically flat. Looking ahead, the bank believes that some ports in the western Mediterranean are already congested, while India and Latin America may become new drivers of demand, and there is a risk that freight rates will rise next quarter. The bank updated its latest liner shipping volume and freight rate assumptions, and lowered its net profit from 2024 to 2026 by 8% to a 13% increase, and slightly raised the company's H share target price to HK$6.9.
S&P dividend ETF rose 0.18%, heavy stock COSCO Marine Holdings rose 0.85%, and Jizhong Energy rose 0.53%
On May 6, Huabao S&P China's A-share dividend opportunity ETF rose 0.18%. In terms of heavy stocks, COSCO Marine Holdings rose 0.85%, Jizhong Energy rose 0.53%, and Liba shares rose 0.48%. CITIC Construction Investment Securities believes that in the context of the introduction of the new “National Nine Rules”, subject stocks that are not committed to maximizing shareholders' interests will gradually be marginalized, the dividend style will maintain a high win rate, and opportunities for boom growth with high odds will emerge one after another in the medium term.
Does China Merchants Energy Shipping (SHSE:601872) Have A Healthy Balance Sheet?
Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously said that 'Volatility is far from synonymous with risk.' When we think about how
COSCO Haineng (600026): A sharp increase in Q1 performance can be expected in the second half of the year
Guide to this report: The company's 24Q1 deducted non-net profit surged year-on-year, in line with expectations. Continue to be optimistic about oil transportation super bull market options. It suggests the 24Q2 high cardinality effect. The second half of the year can be expected to be optimistic. Reverse investing will enhance the investment experience and maintain wealth growth. invests
Goldman Sachs: Target Price Raised Slightly to HK$6.9 for the “Sale” Rating for COSCO Maritime Holdings (01919)
Goldman Sachs believes that some ports in the western Mediterranean are already congested, while India and Latin America may become new drivers of demand, and there is a risk that freight rates will rise next quarter.
China Merchants Shipping (601872): First-quarter results are in line with expectations, mid-term dividends show value
Core view: Incident: The company released its 2024 quarterly report and achieved revenue of 6.254 billion yuan in the first quarter of 2024, +6.30% year over year; net profit to mother was 1,375 billion yuan, +22.62% year over year; no return
CHINA MERCHANTS ENERGY SHIPPING(601872):1Q24 RESULTS IN LINE;ANNOUNCING INTERIM DIVIDEND PAYMENT
1Q24 results in line with our expectations China Merchants Energy Shipping (CM E
Bank of America Securities: Reiterates COSCO Maritime Holdings (01919) “Buy” Rating Target Price to HK$10.5
Bank of America Securities pointed out that in view of the recent increase in spot freight rates and the impossibility of resuming Red Sea navigation in the short term, COSCO Maritime Control (01919) profits are expected to remain strong for a longer period of time, and the valuation does not reflect the future.
China Merchants Shipping (601872): 24Q1 Oil Dispersion Double Hit Mid-Term Special Dividend Exceeds Expectations
Key Investment Company Announces 24Q1 Results: Revenue of 6.254 billion yuan, up 6.3% year on year, achieving net profit of 1,375 billion yuan, up 22.6% year on year, net profit from non-return to mother of 1,359 billion yuan, year-on-year increase
Express News | COSCO Haite: Chen Wei resigns as chairman of the company
China Merchants Shipping (601872): Oil dispersion resonance drives upward performance and is expected to achieve dividends in the medium term
China Merchants Shipping released its 2024 quarterly report. In the first quarter of 2024, China Merchants Shipping achieved operating income of 6.254 billion yuan, an increase of 6.30% over the previous year, and realized net profit of 1,375 billion yuan to mother, an increase of 22.62% over the previous year.
COSCO Marine Control (601919): 1Q24 performance is in line with expectations, increasing the certainty of the company's profit
The 1Q24 results are in line with our expectations. The company announced 1Q24 results: revenue of 48.27 billion yuan, +1.9% YoY, +18.0% month-on-month; net profit to mother of 6.76 billion yuan, corresponding to earnings per share of 0.42 yuan
Stocks with Chinese letters fluctuated and rallied; China Nuclear Technology and COSCO Offshore Control rose more than 3%, while China's Wuyi, COFCO Capital, China Coal Energy, Sinopec, and China Shenhua followed suit.
Stocks with Chinese letters fluctuated and rallied; China Nuclear Technology and COSCO Offshore Control rose more than 3%, while China's Wuyi, COFCO Capital, China Coal Energy, Sinopec, and China Shenhua followed suit.
Express News | HSBC upgraded COSCO Offshore's H share rating to buy, with a target price of HK$11.50.
China Merchants Shipping (601872) review: The performance slightly exceeded expectations, and the mid-term dividend gave back 50% to shareholders
Incident: China Merchants Shipping announced results for the 1st quarter of 2024. In the first quarter of 2024, the company's net profit to mother was 1,375 million yuan, up 22.62% year on year; the company deducted non-net profit of 1,359 billion yuan, up year on year
Cosco Shipping Holdings 1Q Net CNY6.76B Vs. Net CNY7.13B >1919.HK
Cosco Shipping Holdings 1Q Net CNY6.76B Vs. Net CNY7.13B >1919.HK