2 stories mentioning SHA:603565Updated 49d ago
Every FINWIRES story that references SHA:603565, newest first.
Shanghai Zhonggu Logistics (SHA:603565) plans to raise up to 3 billion yuan through the issuance of a convertible bond, according to a Shanghai bourse filing on Tuesday.Proceeds from the issuance will be used to fund a container vessel acquisition project.The convertible bond will have a term of six years.The logistics services provider's shares slumped 6% at the close.
Shanghai Zhonggu Logistics' (SHA:603565) Zhong Gu Nan Chang container vessel was among the few ships that passed through the Strait of Hormuz in the past 24 hours, Reuters reported Thursday, citing marine tracking data.The ship is on its way to Jeddah, Saudi Arabia, from Port Klang, Malaysia, according to live tracking data.An average of 10 ships pass through the strait in recent days, including cargo ships and other vessels such as chemical and liquefied petroleum tankers, the newswire reported.Uncertainty still surrounds the reopening of the strait as peace talks have stalled, the report said.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
