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517 — Cosco Shipping International (Hongkong) News Story

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Cosco Shipping International hits 3-1/2-month high on H1 revenue growth

BUZZ-Cosco Shipping International hits 3-1/2-month high on H1 revenue growth

** Shares of Cosco Shipping International 0517.HK climb 5% to HK$6.35, their highest level since May 14

** Stock on track for the biggest one-day pct gain since February 4

** Chinese shipping services and marine equipment supplier says its H1 revenue up 8% y/y on increasing revenues from coatings, insurance brokerage, marine equipment and spare parts segments

** Says profit attributable down 0.3% y/y amid lower finance income and net exchange gains

** YTD, stock up 3.2%, benchmark Hang Seng Index .HSI up 0.1%


(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))

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