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COSCO SHIPPING Development Co Ltd (601866.SS)

601866.SS on Shanghai Stock Exchange

3.13CNY
1:59am EST
Change (% chg)

¥-0.02 (-0.63%)
Prev Close
¥3.15
Open
¥3.13
Day's High
¥3.16
Day's Low
¥3.12
Volume
10,573,162
Avg. Vol
15,709,471
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¥4.46
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¥3.03

Latest Key Developments (Source: Significant Developments)

COSCO SHIPPING Development unit issues asset-backed securities worth 2.99 bln yuan
Friday, 8 Dec 2017 04:52am EST 

Dec 8(Reuters) - COSCO SHIPPING Development Co Ltd <601866.SS>:Says co's unit COSCO Shipping Leasing Co Ltd issues asset-backed securities worth 2.99 billion yuan .  Full Article

COSCO SHIPPING Development Co ‍approves merger between unit and COSCO Finance​
Monday, 13 Nov 2017 09:21am EST 

Nov 13 (Reuters) - Cosco Shipping Development Co Ltd <601866.SS>::Approves merger between unit CS Finance and Cosco Finance​.  Full Article

COSCO Shipping Development's 9-month net profit up 139.7 pct y/y
Monday, 30 Oct 2017 08:39am EDT 

Oct 30 (Reuters) - COSCO Shipping Development Co Ltd <601866.SS>2866.HK:Says 9-month net profit up 139.7 percent y/y.  Full Article

Cosco Shipping Development Co updates on up joint venture co in Shanghai
Wednesday, 30 Aug 2017 10:29am EDT 

Aug 30 (Reuters) - Cosco Shipping Development Co Ltd <601866.SS>::Co, Shanghai Pan Asia, Sino-Poland Development, Vision Credit, enters promoters agreement to set up joint venture co in Shanghai.Agreed to contribute RMB90 million, representing 45% of registered capital of joint venture company.  Full Article

Cosco Shipping Development swings back to black in H1
Wednesday, 30 Aug 2017 08:23am EDT 

Aug 30 (Reuters) - Cosco Shipping Development Co Ltd <601866.SS>2866.HK:Says H1 net profit 1.05 billion yuan ($159.33 million).  Full Article

Cosco Shipping Development says CSRC accepts application for non-public issuance of A shares
Wednesday, 19 Jul 2017 09:09am EDT 

July 19 (Reuters) - Cosco Shipping Development Company Limited 2866.HK:Acceptance of the application for the revised proposed non-public issuance of A shares by the CSRC .CSRC has decided to accept application for further processing.  Full Article

Cosco Shipping Development enters insurance services agreement with Cosco Shipping Insurance
Tuesday, 11 Jul 2017 10:48am EDT 

July 11 (Reuters) - Cosco Shipping Development Co Ltd <601866.SS>::Company and Cosco Shipping Insurance entered into insurance services agreement.Cosco Shipping Insurance has agreed to provide insurance services to Cosco Shipping Development Group.  Full Article

Cosco Shipping Development recives approval of revised proposed non-public issuance of A-shares by SASAC
Friday, 2 Jun 2017 08:48am EDT 

June 2 (Reuters) - Cosco Shipping Development Co Ltd <601866.SS>:Cosco Shipping has received approval from sasac for revised proposed non-public issuance of A shares and COSCO subscription.  Full Article

Cosco Shipping Development's unit to subscribe to China Bohai Bank's shares
Friday, 26 May 2017 07:44am EDT 

May 26 (Reuters) - Cosco Shipping Development Co Ltd <601866.SS>:Says its unit to invest about 1.76 billion yuan ($256.86 million) to subscribe to China Bohai Bank's shares.  Full Article

COSCO Shipping Development says unit entered into vessel assignment agreements
Thursday, 4 May 2017 10:47am EDT 

May 4 (Reuters) - Cosco Shipping Development Co Ltd <601866.SS>::Unit and COSCO Mercury entered into 13,500 TEU vessel assignment agreements for assignment of 13,500 TEU shipbuilding contracts.Consideration payable by COSCO Mercury under 13,500 TEU vessel assignment agreements is estimated to be about $109.7 million.Unit as assignor and COSCO Mercury entered into 21,000 TEU vessel MOA for assignment of 21,000 teu shipbuilding contracts.Consideration payable by COSCO Mercury under 21,000 TEU vessel memoranda of agreement is estimated to be about $98.3 million.  Full Article

BRIEF-COSCO Shipping Development's Unit To Issue Asset-Backed Securities

* SAYS UNIT PLANS TO ISSUE ASSET-BACKED SECURITIES WORTH UP TO 2.02 BILLION YUAN ($319.26 million) Source text in Chinese: http://bit.ly/2Em2buT Further company coverage: ($1 = 6.3271 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)