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COSCO SHIPPING Specialized Carriers Co Ltd (600428.SS)

600428.SS on Shanghai Stock Exchange

7.02CNY
2:59am EDT
Change (% chg)

¥-0.31 (-4.23%)
Prev Close
¥7.33
Open
¥7.17
Day's High
¥7.27
Day's Low
¥6.97
Volume
37,105,906
Avg. Vol
30,564,371
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¥8.57
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¥5.58

Latest Key Developments (Source: Significant Developments)

COSCO Shipping's preliminary 9-mth net profit down 90.9 pct
Thursday, 13 Oct 2016 04:45am EDT 

COSCO Shipping Co Ltd <600428.SS> :Says preliminary 9-month net profit down 90.9 percent y/y to 33.2 million yuan.  Full Article

Cosco Shipping's H1 profit plunges, unit to build four ships
Friday, 26 Aug 2016 07:15am EDT 

Cosco Shipping <600428.SS> : Says H1 net profit down 98.9 percent y/y .Says unit plans to build four ships for a combined 491.7 million yuan ($73.73 million).  Full Article

Cosco Shipping's July cargo throughput down 14.6 pct
Tuesday, 9 Aug 2016 04:13am EDT 

Cosco Shipping Co Ltd <600428.SS> :Says July cargo throughput down 14.6 percent y/y at 1.1 million tonnes.  Full Article

COSCO Shipping to pay 2015 div on Aug. 10
Wednesday, 3 Aug 2016 03:33am EDT 

COSCO Shipping <600428.SS> Co., Ltd.: Says it will pay cash dividend of 0.1 yuan per 10 shares (before tax) to shareholders for 2015 as a record of Aug. 9 .Says the company's shares will be traded ex-right and ex-dividend on Aug. 10 and the dividend will be paid on Aug. 10.  Full Article

COSCO Shipping's controlling shareholder raises stake to 50.9 pct
Monday, 11 Jul 2016 07:17am EDT 

COSCO Shipping Co Ltd <600428.SS> :Says controlling shareholder has bought 229.2 million shares in the company between July 10 2015 and July 9 2016, taking holdings to 50.9 percent.  Full Article

COSCO Shipping's preliminary H1 net profit down, June cargo throughput up 4.6 pct
Sunday, 10 Jul 2016 11:41pm EDT 

COSCO Shipping Co Ltd <600428.SS> : Says preliminary H1 net profit down 98.9 percent y/y at 4.4 million yuan ($657,983.28) .Says June cargo throughput up 4.6 percent y/y at 1.24 million tonnes.  Full Article

COSCO Shipping announces 2015 dividend payment
Friday, 8 Apr 2016 08:00pm EDT 

COSCO Shipping Co Ltd:To use undistributed profits to pay cash dividend of 0.1 yuan per 10 shares (before tax) to shareholders for 2015.  Full Article

COSCO Shipping announces resignation of chairman
Monday, 14 Mar 2016 08:00pm EDT 

COSCO Shipping Co Ltd:Wan Min resigns from the position of chairman of the board and director of the company.  Full Article

COSCO Shipping Co Ltd - Maersk, MSC, 13 others offer to settle EU pricing probe -sources - Reuters
Wednesday, 10 Feb 2016 06:38am EST 

COSCO Shipping Co Ltd:Maersk, MSC and 13 other firms have offered to change their pricing practices to settle an EU antitrust probe and stave off any fines, three people familiar with the matter said on Wednesday - RTRS.The European Commission opened an investigation into the companies, among the world's 18 largest shipping liners, in November 2013 following dawn raids in May 2011 - RTRS.The EU competition enforcer said the shipping companies may have been illegally orchestrating price hikes since 2009 via public announcements of rate increase plans on their websites and in the specialised trade press - RTRS.The companies have offered to publish binding actual rates a month before they go into effect, the people said. In some circumstances, the figures may act as a price cap. A third source said the offer applies only for short-term prices, not long-term ones or annual contracts - RTRS.The Commission is expected to seek feedback from third parties this week or next before deciding whether to accept the pledge and close the investigation - RTRS.The other companies involved are CMA CGM, Taiwan's Evergreen Marine, Germany's Hapag Lloyd HLAG.DE, China Ocean Shipping (Group) Company (COSCO), China Shipping CNSHI.UL, Hamburg Sud, South Korean firm Hanjin, OOCL (Orient Overseas Container Line) - RTRS.Japan's Mitsui OSK Lines (MOL), United Arab Shipping Company, Nippon Yusen Kaisha, Hyundai Merchant Marine and Israeli peer Zim, the sources said. - RTRS.  Full Article

COSCO Shipping completes public offering
Wednesday, 3 Feb 2016 07:00pm EST 

COSCO Shipping Co Ltd:Says it issued 456,204,378 A shares of its common stock through public offering, at 5.48 yuan per share.Raised to 2,499,999,991 yuan in total.  Full Article