tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

COSCO SHIPPING International Announces New Agreements for Continued Transactions

Story Highlights
COSCO SHIPPING International Announces New Agreements for Continued Transactions

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

COSCO SHIPPING International (Hong Kong) Co ( (HK:0517) ) just unveiled an announcement.

COSCO SHIPPING International (Hong Kong) Co has announced new agreements to continue its connected transactions beyond the expiration of existing agreements on December 31, 2025. These new agreements, including the New Master Supply Agreement and the New Financial Services Master Agreement, are part of the company’s strategy to maintain its operational continuity and comply with Hong Kong’s Listing Rules. The transactions under these agreements are subject to various reporting, announcement, and approval requirements, reflecting their significance to the company’s financial operations and regulatory compliance.

The most recent analyst rating on (HK:0517) stock is a Buy with a HK$7.00 price target. To see the full list of analyst forecasts on COSCO SHIPPING International (Hong Kong) Co stock, see the HK:0517 Stock Forecast page.

More about COSCO SHIPPING International (Hong Kong) Co

COSCO SHIPPING International (Hong Kong) Co is a company incorporated in Bermuda, operating within the shipping and logistics industry. It is part of the larger COSCO SHIPPING group, which is involved in various maritime services and logistics operations.

Average Trading Volume: 2,389,332

Technical Sentiment Signal: Buy

Current Market Cap: HK$8.69B

Find detailed analytics on 0517 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1