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CSSC (Hong Kong) Shipping Revamps Board with New Non-Executive Director from Shipbuilding Sector

Story Highlights
  • CSSC (Hong Kong) Shipping announced that non-executive director Zhang Qipeng resigned from the board and key committees.
  • Veteran shipbuilding executive Xie Weizhong was appointed non-executive director, joining the audit and strategic committees to bolster oversight.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
CSSC (Hong Kong) Shipping Revamps Board with New Non-Executive Director from Shipbuilding Sector

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The latest update is out from CSSC (Hong Kong) Shipping Company Limited ( (HK:3877) ).

CSSC (Hong Kong) Shipping Company Limited has announced board changes effective 6 January 2026, with non-executive director Zhang Qipeng stepping down, including from the audit and strategic and investment committees, due to work adjustments and without any disagreement with the board. He is being replaced by 57-year-old Xie Weizhong, an experienced shipbuilding executive currently serving as a director of China Shipbuilding Group Guangzhou Ship Industrial Co., Ltd., whose background in shipbuilding management and economics is expected to strengthen the company’s governance and strategic oversight through his roles on the audit and strategic and investment committees.

The most recent analyst rating on (HK:3877) stock is a Buy with a HK$2.50 price target. To see the full list of analyst forecasts on CSSC (Hong Kong) Shipping Company Limited stock, see the HK:3877 Stock Forecast page.

More about CSSC (Hong Kong) Shipping Company Limited

CSSC (Hong Kong) Shipping Company Limited is a Hong Kong-incorporated ship leasing and shipping-related financial services provider linked to China’s state-owned shipbuilding sector, focusing on financing and leasing solutions for vessels and maritime assets within the broader shipbuilding and shipping industry.

Average Trading Volume: 16,272,981

Technical Sentiment Signal: Buy

Current Market Cap: HK$13.33B

Find detailed analytics on 3877 stock on TipRanks’ Stock Analysis page.

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