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China Merchants Port Holdings Co ( (HK:0144) ) has provided an announcement.
China Merchants Port Holdings Co. has announced the renewal of its 2025 Warehouse Service Agreements with Shenzhen Nanyou, a subsidiary of its ultimate holding company CMG, for the provision of warehouse services in Qianhai, Shenzhen. These transactions are classified as continuing connected transactions under the Listing Rules, with specific annual caps set for the years 2025 to 2028. Additionally, the company has entered into Security Service Agreements with several subsidiaries for on-site and perimeter security management, further strengthening its operational framework.
The most recent analyst rating on (HK:0144) stock is a Buy with a HK$17.00 price target. To see the full list of analyst forecasts on China Merchants Port Holdings Co stock, see the HK:0144 Stock Forecast page.
More about China Merchants Port Holdings Co
China Merchants Port Holdings Co. is a prominent player in the port industry, providing comprehensive port services and logistics solutions. The company focuses on enhancing its operational efficiency and expanding its market presence through strategic partnerships and service agreements.
Average Trading Volume: 3,269,426
Technical Sentiment Signal: Buy
Current Market Cap: HK$63.39B
See more data about 0144 stock on TipRanks’ Stock Analysis page.