China COSCO Holdings Company Limited is principally engaged in shipping and the related businesses. The Company is primarily involved in container shipping business, dry bulk cargo shipping business, container terminal business, container leasing business and logistics, among others. During the year ended December 31, 2007, the dry bulk cargo shipping and the related business, as well as the container shipping and the related business, contributed approximately 53% and 44% of the Company’s total revenue, respectively. The Company mainly operates its businesses in the Americas, Europe, Asian and Pacific regions and China. As of December 31, 2007, the Company had six major subsidiaries.
China COSCO Holdings Company Limited
SHA:601919 ISIN:CNE1000002J7
News
US stocks closed at 14-month highs on the news of Dubai's US$10 billion funding and a big acquisition by Exxon Mobil, which agreed to acquire XTO Energy for US$31 billion in stock.
Asian major markets opened mixed on Thursday. South Korea's KOSPI and Hong Kong' Hang Seng Index were up in the morning, while Tokyo stocks traded lower, struggling between good and bad news.
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