COSCO Shipping Holdings: Net profit in the first quarter increased by 73% year-on-year, as the container shipping market continues to recover.
COSCO Shipping Holdings' net profit in the first quarter increased by 73% year-on-year, with key highlights of the continued recovery of the container shipping market. Financial highlights: Revenue in Q1 2025 is 579....
USA ships should have free passage! Trump "once again made a comment": Without the USA, the Panama and Suez Canals would not exist.
On Saturday, Trump suddenly declared that USA commercial and military vessels should pass through the Panama Canal and the Suez Canal free of charge, stating that "without the USA, these canals would not exist."
The impact of tariffs on the U.S. has already been seen: truck Transportation volume at the Port of Los Angeles has dropped by 23%, and large-scale layoffs are about to occur.
Due to the impact of tariffs, the volume of goods entering the Port of Los Angeles, the largest port in the United States, has sharply declined. A CEO in the Logistics Industry stated that the truck Transportation volume at the port has decreased by 23% year-on-year, and if the trade war is not resolved, it may drop to 50% in the coming weeks, with truck drivers facing large-scale layoffs. Some media pointed out that the significant decline in Logistics may lead to the collapse of certain parts of the warehousing Industry Chain in Southern California.
Spending over 35 million Hong Kong dollars, Great Wall Life increased its shareholding in two listed companies in Hong Kong in one day. What are the reasons behind this high-frequency bidding?
As of April 10, Great Wall Life has cumulatively taken stakes in 9 listed companies; the average ROE of the 9 listed companies taken stakes in over the past 3 years exceeds 5%; through long-term private equity or stocks investment, obtain long-term operational returns from the targeted symbols.
CICC: The USA's "reciprocal tariffs" impact on China's Assets.
Under the impact of "reciprocal tariffs," the Global trade system is facing a century of change, and there have also been significant fluctuations in Global asset prices. Although the recent tariff increases are bound to pose challenges to the economy of China, it is believed that compared to 2018 or the past three years, the China stock market possesses many favorable conditions, including changes in geopolitical narratives and Technology narratives, as well as the valuation advantages of Chinese assets and the room for macro policy efforts.
COSCO Shipping Holdings' Net income for 2024 increased by 105.78% year-on-year, proposing a dividend of 1.03 yuan per share | Earnings Reports insights.
COSCO Shipping Holdings' total revenue for 2024 is 233.859 billion yuan, a year-on-year increase of 33.29%. The net income attributable to the parent company is 49.1 billion yuan, a year-on-year increase of 105.78%. In the fourth quarter, revenue and net income decreased compared to the previous quarter. The company announced a cash dividend of 1.03 yuan per share and will continue its share repurchase program.