China Cosco

China Ocean Shipping (Group) Co, (COSCO Group) is a government-owned shipping and logistics services group based in Beijing. The company is one of the largest in the world in terms of the number of container ships, and has several listed arms: COSCO Pacific Ltd, China COSCO Holdings Company Ltd, COSCO International Holdings Ltd, Cosco Investment (Singapore) Ltd, Cosco Shipping Company Ltd.

MONEY MATTERS

Shipping chief locks eyes on the top - not on bottom line

13 Apr 2013

"As long as China Cosco is fully understood by party central and the State Council, it's enough for me" - Wei Jiafu, chairman, China Cosco, April 8

Finally, someone has spoken the truth....

4:51AM

China Cosco could raise billions from divestments

14 Mar 2013

China Cosco said this week that it plans to sell Cosco Logistics to state-backed parent company China Ocean Shipping. The unit may be valued at about seven billion yuan, the people said, asking...

8:08AM

Business Digest, March 12, 2013

12 Mar 2013

Cheung Kong has sold about 60 flats at its One West Kowloon project in Lai Chi Kok since cutting prices by 6 to 17 per cent on Thursday, after the government announced a new round of property...

4:47AM

China Cosco dips 5pc after raising profit alarm

28 Jan 2013

Shares in China Cosco, which operates the largest bulk shipping vessels in the world, fell as much as 7 per cent yesterday after it flagged a profit warning for last year and faced a potential...

3:19AM

Cosco still in red but two others shine

31 Oct 2012

Three of China's largest shipping companies posted mixed third-quarter results yesterday with China Cosco Holdings remaining in the red, while two subsidiaries of rival China Shipping staunched...

4:12AM

Poor results sink shares of China Cosco, CSCL as industry suffers

31 Aug 2012

Shares in two of China's largest shipping companies slumped yesterday after they released interim results that pulled them deeper into the red.

5:27AM

Opinion

Alex Lo

Chen Guangcheng misled by his new right-wing 'friends'

1:26AM

Tom Holland

The yuan hasn't overtaken the HK$ quite yet, Mr Chan

4:40AM

Euro debt crisis takes toll on China Cosco results

China Cosco, the listed arm of the mainland's biggest shipping company, reported a first-half net loss of 4.87 billion yuan (HK$5.95 billion) late last night, 76.7 per cent higher than in the same...

3:17AM

China Cosco shares fall as interim net loss set to grow

China Cosco, the listed subsidiary of the mainland's largest shipping firm, saw its share price fall more than 3.6 per cent yesterday after it warned of a first-half net loss of more than 4.14...

10:42PM

Market calls

Cosco Pacific (1199), which leases containers to shippers and operates ports, was a major mover last week. The firm has benefited from indications that shipping trade flows are rising.

...

4:54AM

Tantalising signs of turnaround glimpsed through the gloom

A glimmer of optimism crept into Hong Kong equities last week, but this was pounded out of markets on Thursday and Friday with a string of bad news: JP Morgan reported a steep drop in profit;...

10:20PM

Damaging blow to our lifeblood

The Basic Law is supposed to be a shield for Hong Kong, one which gives it autonomy in all things except foreign affairs and provides for its own courts to interpret that law. But Beijing and its...

6:38PM

Cosco pays up to settle dispute over lease contracts with Jinhui

China Ocean Shipping (Group), the mainland's largest shipping company, paid an unspecified amount of money to Jinhui Holdings to settle a dispute over lease payments.

6:26PM