COSCO Shipping Holdings Co Ltd
SSE:601919
COSCO Shipping Holdings Co Ltd's latest stock split occurred on Jul 14, 2021
The company executed a 13-for-10 stock split, meaning that for every 10 shares held, investors received 13 new shares.
Before the split, COSCO Shipping Holdings Co Ltd traded at 30.8799 per share. Afterward, the share price was about 18.435.
The adjusted shares began trading on Jul 14, 2021. This was the only stock split in COSCO Shipping Holdings Co Ltd's history.
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COSCO Shipping Holdings Co Ltd
Glance View
COSCO Shipping Holdings Co Ltd, a key player in the global maritime industry, operates at the heart of international trade through its comprehensive shipping services. Emerging from its roots in the bustling maritime corridors of China, COSCO has grown to become one of the world's largest shipping conglomerates. The company strategically capitalizes on its expansive fleet, which includes a diversified array of vessels ranging from container ships to dry bulk carriers. This allows it to facilitate an extensive network of shipping routes that link major economic hubs across continents, thus playing a crucial role in the seamless movement of goods worldwide. The company's business model hinges on leveraging economies of scale and optimizing its expansive logistics and warehousing infrastructure. By providing end-to-end maritime and logistics solutions, COSCO Shipping Holdings maximizes its earnings from freight, chartering, and auxiliary shipping services. Additionally, it fortifies its revenue streams by focusing on modernizing its fleet with energy-efficient and technologically advanced ships, aiming not only to enhance operational efficiency but also to align with global sustainability trends. This forward-thinking approach enables COSCO to navigate the challenges of the volatile shipping industry while steadily anchoring its position in international markets.
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