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COSCO SHIPPING Ports ( (HK:1199) ) just unveiled an announcement.
COSCO SHIPPING Ports has entered into a New Financial Services Master Agreement with COSCO SHIPPING Finance to continue receiving financial services, including deposit, loan, clearing, and other financial transactions, for a term from January 2026 to December 2028. This agreement, which involves continuing connected transactions, aims to ensure seamless financial operations for the company, with certain transactions being subject to disclosure and shareholder approval under Hong Kong’s Listing Rules.
The most recent analyst rating on (HK:1199) stock is a Buy with a HK$6.50 price target. To see the full list of analyst forecasts on COSCO SHIPPING Ports stock, see the HK:1199 Stock Forecast page.
More about COSCO SHIPPING Ports
COSCO SHIPPING Ports is a leading player in the shipping and port industry, primarily providing port operation services. The company is focused on expanding its global footprint and enhancing its service offerings to maintain a competitive edge in the maritime logistics sector.
Average Trading Volume: 10,193,758
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$21.93B
Find detailed analytics on 1199 stock on TipRanks’ Stock Analysis page.