Sinotrans Shipping

Infobox Company
company_name = Sinotrans Shipping Limited
中外运航运有限公司
company_
company_type = State-owned enterprise (Red chip)
genre =
foundation = 2003
founder =
location_city = flagicon|Hong Kong Hong Kong
location_country = China
location =
origins =
key_people = Chairman: Mr. Zhao Huxiang
area_served = People's Republic of China
industry = Shipping and Logistics
products =
services =
revenue =
operating_income =
net_income =
num_employees =
parent = Sinotrans Group
divisions =
subsid =
owner =
company_slogan =
homepage = [http://www.sinotranship.com/ Sinotrans Shipping Limited]

Sinotrans Shipping Limited (hkex|368) is one of the largest shipping companies in China. It is engaged in vessel time chartering, shipping service and fleet management. It is parented by Sinotrans Group and headquartered in Hong Kong. [ [http://www.sinotranship.com/profile.htm Profile of Sinotrans Shipping Limited] ]

It was listed on the Hong Kong Stock Exchange in 2007 with its IPO price at HK$8.28 per share. [ [http://www.kgieworld.com/Content/Upload/pdf/research/hkipo_0368_071112.pdf Sinotrans Shipping IPO] ] But it had dropped below IPO price since the first trading day because of poor performance of stock market influenced by subprime mortgage crisis in the United States. [ [http://blog.udn.com/clsc/1433813 Darker days for new listings on China's stockmarkets] ]

It has joined Hang Seng China-Affiliated Corporations Index (red chip stock) since 10 March 2008.

Link

* [http://www.sinotranship.com/ Sinotrans Shipping Limited]

References