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The latest update is out from COSCO SHIPPING International (Hong Kong) Co ( (HK:0517) ).
COSCO SHIPPING International (Hong Kong) has announced a delay in sending to shareholders a circular relating to its previously disclosed capital increase in a joint venture, which constitutes both discloseable and connected transactions under Hong Kong listing rules. The circular, originally scheduled for despatch on or before 26 January 2026 and to include valuation summaries, independent board and financial adviser opinions, and notice of a special general meeting, will now be issued on or before 13 February 2026, slightly extending the timetable for shareholder review and approval of the joint venture capital injection.
The most recent analyst rating on (HK:0517) stock is a Buy with a HK$12.90 price target. To see the full list of analyst forecasts on COSCO SHIPPING International (Hong Kong) Co stock, see the HK:0517 Stock Forecast page.
More about COSCO SHIPPING International (Hong Kong) Co
COSCO SHIPPING International (Hong Kong) Co., Ltd., incorporated in Bermuda and listed in Hong Kong, is part of the COSCO SHIPPING group and operates as an investment holding company with interests in shipping-related services and businesses. The company is overseen by a board comprising executive, non-executive and independent non-executive directors, reflecting its role as a listed entity within the maritime and logistics sector.
YTD Price Performance: 3.72%
Average Trading Volume: 1,158,758
Technical Sentiment Signal: Buy
Current Market Cap: HK$9.41B
For a thorough assessment of 0517 stock, go to TipRanks’ Stock Analysis page.