tiprankstipranks
Qingdao Port Completes Projects, Boosts Working Capital
Company Announcements

Qingdao Port Completes Projects, Boosts Working Capital

Qingdao Port International Co Ltd Class H (HK:6198) has released an update.

Don't Miss our Black Friday Offers:

Qingdao Port International Co., Ltd. has successfully completed several investment projects funded by its A Share Offering, including developments in the Dongjiakou Port Area and technology upgrades. The company has decided to transfer the remaining proceeds of approximately RMB142.6 million to bolster its working capital, ensuring smoother daily operations. This strategic move highlights Qingdao Port’s commitment to enhancing its operational efficiency and infrastructure.

For further insights into HK:6198 stock, check out TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App