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COSCO SHIPPING Energy Transportation Co ( (HK:1138) ) has provided an update.
COSCO SHIPPING Energy Transportation Co., Ltd. announced that all resolutions proposed at their Extraordinary General Meeting (EGM) were successfully passed. The meeting, held in Shanghai, saw participation from 653 shareholders and proxies, with a significant portion of shares represented. This outcome reflects strong shareholder support and may positively impact the company’s strategic initiatives and market confidence.
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. is a joint stock limited company incorporated in the People’s Republic of China. It operates in the energy transportation industry, focusing on the shipping of energy products. The company is listed on the Stock Exchange of Hong Kong Limited under the stock code 1138.
Average Trading Volume: 26,910,164
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$58.62B
Find detailed analytics on 1138 stock on TipRanks’ Stock Analysis page.