01138 COSCO SHIP ENGY
- 10.560
- -0.020-0.19%
COSCO SHIP ENGY News
COSCO Haineng (01138) guarantees the loan applied for by China Development Hong Kong from Standard Chartered Bank
According to the Zhitong Finance App, COSCO Haineng (01138) issued an announcement. In order to meet operating needs, the company's wholly-owned subsidiary Zhongfa Hong Kong applied for a working capital loan of 70 million US dollars from Standard Chartered Bank (China) Limited Shanghai Branch. The company provided an irrevocable joint liability guarantee for the financing. There is no counterguarantee against the foregoing guarantee.
Major Bank Ratings | Goldman Sachs: There is an upward risk of shipping rates in the second quarter, increasing the target prices of COSCO Marine Control and COSCO Marine Energy
Goldman Sachs published a report stating that there is a risk that shipping rates will rise in the second quarter due to blockages in some ports and the possibility of new demand from non-main routes. On the container side, the bank attributed the rise in freight rates to route diversions due to supply chain disruptions due to the Red Sea conflict, strong short-term demand in the US/European terminal market, urgent shipments/early orders before the peak season, and the growth of non-backbone routes driven by Chinese companies' export strategies. On the cruise side, the bank believes that in the face of long-term supply constraints, potential replenishment of low crude oil stocks may be a catalytic factor boosting freight rates. The bank predicts COSCO Offshore's profit forecast for 2024 to 2026
Freight rates have gone up like crazy! The peak season is approaching, and shipping stocks will continue to boom?
International shipping prices have been booming. Can the market still be expected in the future?
COSCO Haineng (600026.SH): Three directors and senior management plan to reduce their shareholding
Gelonghui, May 13, 丨 COSCO Haineng (600026.SH) announced that as of the disclosure of this announcement, Mr. Zhu Maijin, the company's executive director and senior manager, held 102,980 A shares in the company, senior manager Mr. Qin Jiong held 17,000 A shares, and senior manager, Ms. Ni Yidan, held 54,490 A-shares of the company. Together, the above three directors and senior management held the company's A shares, accounting for about 0.0036706% of the company's total share capital. The above shares are all derived from the exercise of stock options. The above three directors and senior management are planning to take their own positions
Changes in Hong Kong stocks | COSCO Haineng (01138) is now up more than 5%, and the accelerated pace of Middle East shipments is driving up freight rates and falling oil prices may stimulate stock replenishment
COSCO HNA (01138) is now up more than 5%. As of press release, it has risen 4.88% to HK$10.74, with a turnover of HK$228 million.
COSCO Haineng (01138) grants 22.3096 million stock options
Zhitong Finance App News, COSCO Haineng (01138) issued an announcement. On May 10, 2024, the company held the second board remuneration and assessment committee meeting in 2024 and the fourth board meeting in 2024 to review and pass the “Proposal on Adjusting the Number of Initial Stock Options Granted in the 2023 Stock Option Incentive Plan” and “Proposal on the First Grant of Stock Options in the 2023 Stock Option Incentive Plan”. The board of directors of the company agreed to use May 10, 2024 as the first grant date in accordance with the authorization of the shareholders' meeting and relevant regulations, and agreed to grant 2 to 107 incentive recipients who met the conditions for granting
Cathay Pacific Junan: Maintaining COSCO Marine's (01138) “Gain” Rating Target Price of HK$11.87
The Zhitong Finance App learned that Guotai Junan released a research report saying that maintaining COSCO Haineng (01138)'s “increase in holdings” rating, the 24Q1 deduction for non-net profit increased sharply year-on-year, in line with expectations. Continue to be optimistic about oil transportation super bull market options; suggests the 24Q2 high base effect. The second half of the year can be expected optimistically, with a target price of HK$11.87. The oil transportation industry's capacity utilization rate has reached a threshold. Supply and demand will continue to improve in the next few years. The rise and continuation of the economy will exceed expectations, and there is room for performance valuation. The bank recommended reducing short-term fluctuations and focusing on central trends. Guotai Junan's main opinion is as follows: 202401's non-performance surged 40% year on year, in line with the forecast
Changes in Hong Kong stocks | COSCO Haineng (01138) rose nearly 6% in early trading, oil transportation prices jumped in the off-season, rising in the second half of the year's peak season, central expectations are optimistic
COSCO Marine (01138) rose nearly 6% in early trading. As of press release, it was up 3.74% to HK$10.54, with a turnover of HK$134 million.
Changes in Hong Kong stocks | COSCO Haineng (01138) rose more than 5% in early trading, Q1 deducted non-net profit, and nearly 40%. Central freight rate expectations for peak season are optimistic
COSCO HNA (01138) rose more than 5% in early trading. As of press release, it was up 3.67% to HK$10.18, with a turnover of HK$386.79,800.
Zhitong Hong Kong Stock Investment Calendar | May 7
Hong Kong Stock Investment Calendar | May 7, 2024
Changes in Hong Kong stocks | COSCO Haineng (01138) rose more than 5%, Q1 deducts non-net profit, and increases by nearly 40%. Central rate expectations for peak season in the second half of the year are optimistic
The Zhitong Finance App learned that COSCO Hainan (01138) rose by more than 5%. As of press release, it had risen 4.29% to HK$9.75, with a turnover of HK$763,619 million. According to the news, COSCO Haineng previously announced its results. In the first quarter, the company achieved operating income of 5.838 billion yuan, up 3.7% year on year; net profit to mother was 1,236 billion yuan, up 12.8% year on year. Of this, net profit without return to mother was 1,236 billion yuan, an increase of 39.8% over the previous year. Guotai Junan pointed out that in 2024, the capacity utilization rate of the oil transportation market has reached a threshold, supply and demand will continue to improve, while production cuts and oil prices will be affected marginally
Should You Be Adding COSCO SHIPPING Energy Transportation (HKG:1138) To Your Watchlist Today?
It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story even if these companies are loss-making. Sometimes these stories can cloud the min
COSCO Marine Energy (01138.HK): Increased capital to CLNG and invested in the construction of LNG ships
Gelonghui, April 29丨COSCO Marine (01138.HK) issued an announcement. The board of directors reviewed and passed the “Proposal on Increasing Capital to CLNG and Investing in the Construction of LNG Ships”. The board of directors approved that China LNG Transportation (Holdings) Co., Ltd. (hereinafter referred to as “CLNG”, a joint venture with China Merchants Energy Transportation Co., Ltd. each holding 50% shares) to participate in the investment and construction of 2 LNG ships; approved the company to increase CLNG's capital according to the final conditions such as the ship price and financing ratio determined by the project, the capital increase amount was approximately US$109.64 million, and authorized the public
Cosco Shipping Energy Transportation's Q1 Profit Jumps 13% as Revenue Grows 4%
Cosco Shipping Energy Transportation's (HKG:1138, SHA:600026) attributable profit rose 12.8% year over year to 1.24 billion yuan, or 0.259 yuan per share, in the first quarter, according to a Monday f
[Hong Kong Stock Connect] COSCO Haineng (01138)'s net profit for the first quarter rose 12.76% year on year to RMB 1,236 billion
Jinwu Financial News | COSCO Haineng (01138) announced that in the first quarter of 2024, it recorded net profit attributable to shareholders of 1,236 billion yuan (RMB, same below), up 12.76% year on year; recorded revenue of 5.838 billion yuan, up 3.68% year on year; and basic earnings per share of 0.2590 yuan. During the period, the Group achieved a year-on-year increase of 8.8% in tanker capacity; 42.09 million tons of transportation volume (excluding term leases), a 2.0% year-on-year decrease; and transportation turnover (excluding term leases) of 150,003 million tonnes, an increase of 7.0% year-on-year. During the period, the Group's tanker sector achieved
Cosco Shipping Energy 1Q Rev CNY5.84B, Up 3.7% on Year >1138.HK
Cosco Shipping Energy 1Q Rev CNY5.84B, Up 3.7% on Year >1138.HK
Cosco Shipping Energy: International Oil Shipping Market Saw Strong Trend in Freight Rates for All Vessels >1138.HK
Cosco Shipping Energy: International Oil Shipping Market Saw Strong Trend in Freight Rates for All Vessels >1138.HK
中遠海能：2024年第一季度報告
Changes in Hong Kong stocks | COSCO Haineng (01138) rose more than 4%, and the first quarter results may exceed expectations, and the industry is expected to usher in a long upward cycle
COSCO Marine (01138) rose more than 4%. As of press release, it had risen 3.45% to HK$8.99, with a turnover of HK$129 million.
中遠海能：2023年度報告
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