COSCO Shipping Group's Acquisition Plans: COSCO Shipping Group is looking to join a consortium led by BlackRock to acquire CKH's port business, although no comments were made during an investor meeting by Wu Yu, Managing Director of COSCO SHIP PORT.
Impact of U.S. Tariff Policies: Wu noted that fluctuations in U.S. tariff policies have significantly affected global trade and cargo flow stability, with container shipping rates beginning to decline as market demand decreases.
Future of Supply Chains: Wu anticipates that reciprocal tariffs from the U.S. will lead to a global shift and restructuring of industrial chains, resulting in a more diversified supply chain composition.
Market Outlook: Demand and freight rates for cargo in Asia and emerging markets are expected to remain relatively stable despite the ongoing changes in trade dynamics.
Wall Street analysts forecast 01199 stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for 01199 is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
Wall Street analysts forecast 01199 stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for 01199 is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Buy
0 Hold
0 Sell
Current: 5.830
Low
Averages
High
Current: 5.830
Low
Averages
High
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
