Bank of America Securities released a research report on the investment rating and target price of Chinese shipping stocks as follows:
Shares | Investment rating | Target price (HK $)
COSCO Shipping Holdings (01919.HK) | Buy | CNY 19.25 to CNY 21.50
Pacific Shipping (02343.HK) | Buy | CNY 6.30 to CNY 6.1
Cosco Marine Energy (01138.HK) | Buy | CNY 5.20