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Changes in Hong Kong stocks | Sinotrans (00598) fell more than 7%, contract logistics were under pressure, compounded by declining subsidies for some agency services, and the first quarter results fell short of expectations
Sinotrans (00598) fell by more than 7%. As of press release, it fell 6.02% to HK$3.9, with a turnover of HK$21.3859 million.
Zhitong FinanceApr 29 21:37 ET
中國外運:二零二四年第一季度報告
Futu NewsApr 29 06:05 ET · Announcements
Sinotrans (601598.SH): Net profit of 800 million yuan in the first quarter fell 16.05% year on year
GLONGHUI, April 29丨Sinotrans (601598.SH) released its first quarter report. Operating revenue was 24.287 billion yuan, up 8.09% year on year, net profit of 800 million yuan, down 16.05% year on year, after deducting non-net profit of 731 million yuan, down 14.79% year on year, with basic earnings of 0.1101 yuan per share.
Gelonghui FinanceApr 29 05:49 ET
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.
Zhitong FinanceApr 22 09:14 ET
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
Simply Wall StApr 18 18:03 ET
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)
Gelonghui FinanceApr 16 06:43 ET
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