Cosco Shipping Ports Value Stock - Dividend - Research Selection
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Description of the company
COSCO SHIPPING Ports Limited, an investment holding company, engages in operating terminals in Mainland China, Hong Kong, Taiwan, and internationally. The company provides container handling, transportation, and storage and stevedoring services. It also offers depot handling and container repairing services; and financing, nominee, management, and treasury services. As of December 31, 2016, it operated and managed 180 berths at 30 ports with a combined annual handling capacity of approximately 97.25 million TEU. The company was formerly known as COSCO Pacific Limited and changed its name to COSCO SHIPPING Ports Limited in July 2016. COSCO SHIPPING Ports Limited was incorporated in 1994 and is headquartered in Central, Hong Kong, and is considered a Red Chip company due to its listing on the Hong Kong Stock Exchange.