China Merchants Holdings traded at 14.53 this Thursday June 4th, decreasing 1.01 or 6.50 percent since the previous trading session. Looking back, over the last four weeks, China Merchants Holdings lost 7.16 percent. Over the last 12 months, its price rose by 0.62 percent. Looking ahead, we forecast China Merchants Holdings to be priced at 14.92 by the end of this quarter and at 13.60 in one year, according to Trading Economics global macro models projections and analysts expectations.
China Merchants Port Holdings Company Limited, formerly China Merchants Holdings (International) Company Limited, is a Hong Kong-based investment holding company principally engaged in port-related businesses. The Company operates through four segments. Ports Operation segment is engaged in container terminal operation, as well as bulk and general cargo terminal operation. Bonded Logistics and Cold Chain Operations segment is engaged in logistics park operation, ports transportation, cold storage and logistics operation and airport cargo handling. Port-related Manufacturing segment is engaged in the manufacture of containers. Other Operations segment is engaged in property development and investment, the construction of modular houses and corporate function businesses.