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CSSC (Hong Kong) Shipping Extends Agreements with China Shipbuilding Group

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An update from CSSC (Hong Kong) Shipping Company Limited ( (HK:3877) ) is now available.

CSSC (Hong Kong) Shipping Company Limited has entered into new agreements with China Shipbuilding Group, extending their property leasing and shipbroking services from January 2025 to December 2027. These agreements, which are considered continuing connected transactions due to the significant shareholding of China Shipbuilding Group, are subject to certain reporting and review requirements under the Listing Rules but do not require independent shareholder approval.

More about CSSC (Hong Kong) Shipping Company Limited

CSSC (Hong Kong) Shipping Company Limited operates in the shipping industry, providing services such as property leasing and shipbroking. The company is closely linked with China Shipbuilding Group, which holds a significant share in the company.

YTD Price Performance: -3.50%

Technical Sentiment Signal: Sell

Current Market Cap: €1.28B

See more data about 3877 stock on TipRanks’ Stock Analysis page.

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