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Singamas Container (00716) rose nearly 5% in early trading in Hong Kong Stock Market, signing a finance lease agreement with a Mediterranean shipping company.
Singamas Container (00716) rose nearly 5% in early trading. As of publication, it has risen 3.66% to HKD 0.85 with a turnover of HKD 1.5368 million.
Singamas Cont (00716.HK) signed a financing lease agreement with Mediterranean Shipping Company.
Singamas cont (00716.HK) announced on June 14 that one of its wholly-owned subsidiaries has entered into the first and second financing lease agreements with the customer on May 16, 2023 and June 14, 2024 respectively. Under the first and second financing lease agreements, the customer agreed to lease 10,000 and 15,000 containers respectively, for a period of 14 years. The customer has the right to buy out the products at the end of the relevant lease term. The customer is Mediterranean Shipping Company, a company registered under Swiss law, with its main business being
In May, the pickup truck market sold 45,000 vehicles, an increase of 1.7% from the previous month, according to the Joint Branch Association.
According to the Zhitong Finance APP, data released by the Pick-up Sub-Association on June 14th, 2024 showed that 45,000 pickups were sold in May, which was the same as the previous year, an increase of 1.7% on a month-on-month basis, and was at a relatively high level in the past five years.
Hong Kong stock market changes | Singamas cont (00716) rose more than 6% again, with an increase in shipping companies' demand for container boxes and the manufacturer's profit prospects expected to be further repaired.
Singamas cont (00716) rose more than 6% again. As of press time, it rose 5.06% to HKD 0.83, with a turnover of HKD 12.7633 million.
HK stocks surge | Container manufacturers continue recent gains. Singamas Container (00716) rose more than 6% intraday, while China International Marine Containers (02039) rose nearly 2%.
Container manufacturer continued recent gains as of press time, with Singamas Cont (00716) up 3.85% to HKD 0.81 and China International Marine Containers (02039) up 91.25% to HKD 8.07.
Changes in Hong Kong stocks | Shipping companies increase container orders, CIMC Group (02039) rises more than 10%, Shengshi Container (00716) rises more than 8%
Container manufacturers broke out in early trading. As of press release, CIMC Group (02039) rose 9.74% to HK$7.55; Shengshi Container (00716) rose 8.22% to HK$0.79.
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