Hutchison Port Holdings Trust
HPH Trust’s H2 DPU down 9.7% at HK$0.065; braces for continued uncertainty over US-China tariffs
The trust warns of ‘gradual restructuring of shipping routes and cargo flows’ as trade remains volatile
Shenzhen government acquires portion of Hutchison Port Holdings’ land for 15.6 million yuan
The 7,775 sq m acquisition is for a land-sea corridor and rail link development
HPH Trust records unchanged H1 DPU of HK$0.05 despite higher profit
The distribution will be paid out on or about Sep 19, after books closure on Jul 30
Hutchison Port Holding Trust H2 DPU falls 6.5% to HK$0.072
Lower full-year distribution per unit at HK$0.122 comes despite FY2024 revenue and other income increasing 8.8% to HK$11.6 billion
Hutchison Port Holdings Trust H2 DPU declines 3.75% to HK$0.077
HUTCHISON Port Holdings (HPH) Trust posted a distribution per unit (DPU) of HK$0.077 for the second half of its 2023 financial year ended Dec 31, 2023 – a 3.75 per cent decline from HK$0.08 a year ago...
Transportation stocks on the move in 2024
TRANSPORTATION stocks have been on a roll since the price of Brent Crude Oil stayed below US$80 per barrel in November 2023, and are expected to continue the momentum into 2024, said the Singapore Exc...
Cautious optimism for China’s steady recovery
FOLLOWING a 3 per cent growth in 2022, China’s gross domestic product (GDP) is expected to grow by 5.2 per cent in 2023, while also producing a quarter of the globe’s 2023 growth. The recently release...