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An announcement from Jinhui Holdings Co. Ltd. ( (HK:0137) ) is now available.
Jinhui Holdings Company Limited has announced a major transaction involving the acquisition of a vessel through its subsidiary, which has entered into a shipbuilding contract with Jiangmen Nanyang Ship Engineering Co., Ltd. The vessel, priced at US$33,450,000, is expected to be delivered by October 2028. This acquisition signifies a significant expansion in Jinhui’s shipping capabilities, potentially enhancing its market position within the international shipping industry.
The most recent analyst rating on (HK:0137) stock is a Hold with a HK$0.75 price target. To see the full list of analyst forecasts on Jinhui Holdings Co. Ltd. stock, see the HK:0137 Stock Forecast page.
More about Jinhui Holdings Co. Ltd.
Jinhui Holdings Company Limited is an investment holding company with subsidiaries primarily engaged in international ship chartering and ship owning.
Average Trading Volume: 60,733
Technical Sentiment Signal: Buy
Current Market Cap: HK$381.8M
See more insights into 0137 stock on TipRanks’ Stock Analysis page.