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COSCO SHIPPING International (Hong Kong) Wins Shareholder Backing for New Supply and Financial Service Agreements

Story Highlights
  • Independent shareholders approved new master supply and financial services agreements at the special meeting.
  • Key related-party shareholders abstained, but eligible investors backed the resolutions, securing operational continuity.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
COSCO SHIPPING International (Hong Kong) Wins Shareholder Backing for New Supply and Financial Service Agreements

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The latest update is out from COSCO SHIPPING International (Hong Kong) Co ( (HK:0517) ).

Independent shareholders of COSCO SHIPPING International (Hong Kong) Co., Ltd. have approved two key ordinary resolutions at a special general meeting held on 23 December 2025, endorsing a New Master Supply Agreement and a New Financial Services Master Agreement, including their respective annual caps. Due to listing rules, the company’s controlling shareholder COSCO SHIPPING (Hong Kong) and its associates, holding about 71.70% of issued shares, abstained from voting, leaving roughly 28.30% of the share capital eligible to vote, and both resolutions were passed by poll with strong support, thereby validating the continuation of intragroup supply and financial service arrangements that underpin the company’s operational and financial framework.

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 aligned to the broader shipping and logistics industry, serving shareholders through its portfolio of maritime-related businesses and services.

Average Trading Volume: 1,872,564

Technical Sentiment Signal: Buy

Current Market Cap: HK$9.05B

Find detailed analytics on 0517 stock on TipRanks’ Stock Analysis page.

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