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COSCO SHIPPING Energy Transportation Co ( (HK:1138) ) just unveiled an announcement.
COSCO SHIPPING Energy Transportation Co., Ltd. announced significant corporate governance changes, including the cancellation of its Supervisory Committee and amendments to its Articles of Association and Board procedures. These changes aim to align with new legal requirements in China and improve operational efficiency, subject to shareholder approval at an upcoming extraordinary general meeting.
The most recent analyst rating on (HK:1138) stock is a Buy with a HK$11.10 price target. To see the full list of analyst forecasts on COSCO SHIPPING Energy Transportation Co stock, see the HK:1138 Stock Forecast page.
More about COSCO SHIPPING Energy Transportation Co
COSCO SHIPPING Energy Transportation Co., Ltd. is a joint stock limited company incorporated in the People’s Republic of China, operating within the energy transportation industry. The company focuses on the transportation of oil and gas, leveraging its fleet to serve global markets.
Average Trading Volume: 25,294,976
Technical Sentiment Signal: Buy
Current Market Cap: HK$46.72B
See more insights into 1138 stock on TipRanks’ Stock Analysis page.