Hong Kong Stock Concept Tracking | The shipping market has set off a “wave of price increases”! The increase of nearly 70% on some routes indicates that long-term supply pressure still exists (with concept stocks)
The shipping market has obvious off-peak season characteristics, and the increase in freight rates generally accompanies the peak shipping season.
Private Companies Are Sinotrans Limited's (HKG:598) Biggest Owners and Were Rewarded After Market Cap Rose by HK$872m Last Week
Key Insights Sinotrans' significant private companies ownership suggests that the key decisions are influenced by shareholders from the larger public 59% of the company is held by a single sharehold
Sinotrans (601598.SH): Currently, Qingping Company's L4 is in the demonstration application stage
Gelonghui, April 16 | Sinotrans (601598.SH) said on an interactive platform that 1) The level of L4 autonomous driving is divided into R&D tests, demonstration applications, and large-scale commercial implementation from the perspective of implementation applications. Currently, Qingyi Company's L4 is in the demonstration application stage. Implementation applications are being carried out on some demonstration routes to refine autonomous truck technology and processes with actual business requirements. 2) L2 and L4 are fundamentally different on the technical route. First, L2 level autonomous driving realizes partial autonomous driving in specific scenarios. Drivers need to keep an eye on the driving environment and take over vehicle control when prompted by the system (such as lane lines)
Sinotrans (00598.HK) plans to hold a board meeting on April 29 to approve the first quarter results
GLONGHUI, April 16, 丨 Sinotrans (00598.HK) announced that the company will hold a board meeting on April 29, 2024 (Monday) to consider and approve (including) the unaudited results of the company and its subsidiaries for the first quarter ended March 31, 2024 and their announcements.
中國外運:董事會會議通告
中國外運:二零二三年度報告
Ministry of Transport: From April 1 to April 7, the total number of goods transported by national railways was 703.17 million tons, down 3.51% from the previous month
National railways transported a total of 703.17 million tons of goods, a decrease of 3.51% over the previous month; a total of 468.26 million trucks passed on highways across the country, a decrease of 12.98% over the previous month.
China IoT: China's logistics industry sentiment index in March was 51.5%, up 4.4 percentage points from month to month
The Zhitong Finance App learned that on April 2, the China Federation of Logistics and Purchasing released the China Logistics Industry Sentiment Index for March.
Sinotrans (HKG:598) Seems To Use Debt Rather Sparingly
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the permanent loss of capital.' When we think about how risky a company is, we always like
China's Logistics Sector Registers Growth in First Two Months
China's logistics sector rallied in the first two months of the year, according to an industry report.
Sinotrans (00598): The number of shares exercised during the first exercise period of the Stock Options Incentive Plan (Phase 1) was approximately 21.171 million shares
Sinotrans (00598) released the first exercise results for the first exercise period of the company's stock options incentive plan (first phase),...
China Galaxy Securities: Cross-border e-commerce logistics welcomes new development opportunities, digital freight has broad room for development
China Galaxy Securities released a research report stating that under the opportunities brought about by the accelerated development of China's digital economy, it is recommended to focus on logistics industry segments and targets related to main digital lines such as cross-border e-commerce logistics and digital freight.
Hong Kong Stock Concept Tracking | Cross-border e-commerce logistics boom, institutions are optimistic about the broad space for digital freight (with concept stocks)
By 2025, China's online freight platform market will reach nearly 700 billion yuan, with broad room for growth.
Galaxy Securities: Cross-border e-commerce logistics welcomes new development opportunities, digital freight has broad room for development
Galaxy Securities predicts that by 2025, China's online freight platform market will reach nearly 700 billion yuan, with broad room for growth.
Daiwa: Sinotrans (00598)'s 2023 performance was better than expected, and the target price rose to HK$4.15
Daiwa expects the net profit of Sinotrans (00598) to rise to 4.46 billion yuan this year.
Changes in Hong Kong stocks | Sinotrans (00598) rose more than 8% last year's net profit to the mother reached a new high of 4.222 billion yuan, and the dividend ratio increased
The Zhitong Finance App learned that Sinotrans (00598) rose more than 8%. As of press release, it had risen 8.45% to HK$3.85, with a turnover of HK$15.9.25 million. According to the news, Sinotrans announced its 2023 annual results. The group achieved total operating revenue of 101.705 billion yuan (RMB, same below) during the period, a year-on-year decrease of 6.94%; net profit to mother was 4.222 billion yuan, an increase of 3.5% over the previous year, reaching another record high. Among them, the 4Q2023 company achieved operating income of 28.932 billion yuan, an increase of 1.79% over the previous year, and realized net profit of 1,058 billion yuan to mother.
Sinotrans (00598): Sinotrans Hong Kong plans to provide China Merchants and Belarus with loans equivalent to RMB 14.553 million
Zhitong Finance App News, China Sinotrans (00598) announced that in order to ease the operating and financial pressure of China Merchants China and Belarus, the company's wholly-owned subsidiary Sinotrans Hong Kong plans to sign a “loan contract” with China Merchants China and Belarus. Sinotrans Hong Kong plans to provide China Merchants China and Belarus with a RMB loan equivalent to 14.553 million US dollars (according to the Bank of China's dollar current exchange bid price conversion exchange rate on the day the agreement was signed). The loan will have an annual interest rate of 2.7% to repay the principal amount of China Merchants China and Belarus; the other shares of CMB will be held in proportion to China Merchants China and Belarus. Borrow on equal terms.
Sinotrans (00598) plans to renew Xinyong Zhonghe Certified Public Accountants as 2024 financial reporting and internal control auditor
Zhitong Finance App News, Sinotrans (00598) issued an announcement. The company's board of directors reviewed and voted to pass the bill to renew the 2024 external auditor: renew Xinyong Zhonghe Certified Public Accountants (Special General Partnership) as the company's 2024 financial report and internal control auditing agency. The audit fee is estimated to be RMB 11.2 million, of which the financial report audit fee is RMB 9.7 million, and the internal control audit fee is RMB 1.5 million. The term of office starts from the date of review and approval of the company's shareholders' meeting until the date of the company's 2024 annual shareholders' meeting .
[Hong Kong Stock Connect] Sinotrans (00598)'s profit increased by 3.50% last year to RMB 4.222 billion, and plans to distribute a final dividend of $0.145 per share
Jinwu Financial News | Sinotrans (00598) announced that in 2023, the company's net profit attributable to shareholders of listed companies was 4.222 billion yuan (RMB, same below), an increase of 3.50% over the previous year; basic earnings per share were 0.5827 yuan. The board of directors recommended that the company pay a final dividend of 2023 based on the total share capital registered on the share registration date (after deducting shares in the company's special account for repurchase), with a cash dividend of 0.145 yuan (tax included) per share. In the same period, revenue of 101.705 billion yuan was recorded, a year-on-year decrease of 6.94%. 2023, Group Professional
SINOTRANS: ANNOUNCEMENT OF ANNUAL RESULTS OF THE GROUP FOR THE YEAR ENDED 31 DECEMBER 2023
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