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The latest update is out from CN Logistics International Holdings Limited ( (HK:2130) ).
CN Logistics International Holdings has renewed its master agency arrangement with CN France HK by signing the 2026 CN France Master Agency Agreement, effective from 1 January to 31 December 2026. Under this agreement, the company and CN France HK will continue to appoint each other as agents for air and ocean freight forwarding services in France and other markets where they operate. As CN France HK is 70% owned by the group and 30% by an executive director, the arrangement constitutes a continuing connected transaction under Hong Kong’s listing rules, triggering reporting, annual review and announcement requirements, but remaining exempt from circular and independent shareholders’ approval due to the size of the transaction. The renewal ensures continuity of intra-group logistics collaboration while maintaining regulatory compliance for related-party dealings.
The most recent analyst rating on (HK:2130) stock is a Hold with a HK$3.50 price target. To see the full list of analyst forecasts on CN Logistics International Holdings Limited stock, see the HK:2130 Stock Forecast page.
More about CN Logistics International Holdings Limited
CN Logistics International Holdings Limited is a Hong Kong-listed logistics services provider engaged in air and ocean freight forwarding. Through its group companies, including CN France HK and the CN France Group, the company operates in France and other jurisdictions where it has a local presence, focusing on agency-based freight forwarding arrangements within its corporate group structure.
Average Trading Volume: 31,927
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$1B
See more data about 2130 stock on TipRanks’ Stock Analysis page.