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Jinhui Holdings to Sell 2014-Built Bulk Carrier in US$23.5 Million Major Transaction

Story Highlights
  • Jinhui Holdings will sell a 2014-built dry bulk vessel for US$23.455 million to an independent Hong Kong buyer.
  • The profitable ship disposal, classified as a major transaction, highlights Jinhui’s fleet repositioning under Hong Kong listing rules.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Jinhui Holdings to Sell 2014-Built Bulk Carrier in US$23.5 Million Major Transaction

Meet Samuel – Your Personal Investing Prophet

Jinhui Holdings Co. Ltd. ( (HK:0137) ) has issued an update.

Jinhui Holdings has agreed to sell a 2014-built, 63,485-deadweight-tonne dry bulk vessel, owned via a 55.69%-controlled subsidiary, to an independent Hong Kong buyer for US$23.455 million, with delivery scheduled between 1 June and 15 July 2026. The vessel, carried at an unaudited net book value of about HK$155.4 million at end-2025 and recently valued at US$23 million by an independent valuer, has been a profitable asset for the group, and the disposal qualifies as a major transaction under Hong Kong listing rules, requiring shareholder approval and underscoring active fleet portfolio management amid prevailing secondhand ship market conditions.

The most recent analyst rating on (HK:0137) stock is a Buy with a HK$0.79 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 a Hong Kong-incorporated investment holding company whose subsidiaries are primarily engaged in international ship chartering and ship owning. The group operates through special-purpose ship-owning units such as the vendor of the vessel, positioning it within the dry bulk shipping and maritime transport sector.

Average Trading Volume: 59,500

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$344.7M

For a thorough assessment of 0137 stock, go to TipRanks’ Stock Analysis page.

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