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COSCO SHIPPING Energy Transportation Co ( (HK:1138) ) has issued an update.
COSCO SHIPPING Energy Transportation Co., Ltd. has approved new administrative measures for its external investments at the 2025 Second Extraordinary General Meeting. These measures aim to improve the company’s asset management and protect shareholder interests by categorizing investments into short-term and long-term, with decision-making powers vested in the board of directors or general meetings. This strategic move is expected to bolster the company’s operational efficiency and strengthen its market position.
The most recent analyst rating on (HK:1138) stock is a Buy with a HK$9.50 price target. To see the full list of analyst forecasts on COSCO SHIPPING Energy Transportation Co stock, see the HK:1138 Stock Forecast page.
More about COSCO SHIPPING Energy Transportation Co
COSCO SHIPPING Energy Transportation Co., Ltd. operates in the energy transportation industry, focusing on the shipping of energy commodities. The company is involved in both short-term and long-term investments, including stock, bond, and equity investments, as well as acquisitions and joint ventures, to enhance its asset efficiency and shareholder value.
Average Trading Volume: 27,638,725
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$57.16B
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