Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
COSCO SHIPPING International (Hong Kong) Co ( (HK:0517) ) has shared an announcement.
COSCO SHIPPING International (Hong Kong) Co has signed a new entrusted management services master agreement with its ultimate and immediate holding companies, COSCO SHIPPING and COSCO SHIPPING (Hong Kong), to continue providing operation and management services to the COSCO SHIPPING (Hong Kong) Group after the current agreement expires on 31 December 2025. The new arrangement, dated 30 December 2025, formalises the ongoing provision of administrative and financial management services for day-to-day business operations, while explicitly excluding involvement in equity relationships between key COSCO entities and major assets or decision-making of the group. Under Hong Kong’s Listing Rules, the deal is classified as a continuing connected transaction, triggering reporting, announcement and annual review obligations but remaining exempt from shareholder approval because the expected transaction size falls between 0.1% and 5% of the relevant percentage ratios.
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 is part of the COSCO SHIPPING conglomerate and operates as a service provider within the broader shipping and logistics ecosystem, offering operational and management services to related entities in the COSCO SHIPPING (Hong Kong) Group. Its activities include administrative and financial management support for day-to-day business operations across the group, excluding matters tied to specific equity relationships or strategic asset decision-making within the wider COSCO structure.
Average Trading Volume: 1,685,090
Technical Sentiment Signal: Buy
Current Market Cap: HK$9.29B
Learn more about 0517 stock on TipRanks’ Stock Analysis page.