Zhitong Finance APP learned that Bank of America Securities released a research report saying that it reiteratedCOSCO SHIPPING Holdings(01919) with a "Buy" rating and a price target of HK$19.25 from HK$18.53, raising its 2021-22 earnings forecast by RMB20 billion to reflect the latest container market.According to the bank, the company's preliminary results have disclosed that the net profit in the first half of the year reached 37 billion yuan. Therefore, after seeing the rate outlook in the next few weeks, it is believed that the peak period has not yet arrived. Because the logistics bottleneck and strong demand seem to last until next year's Lunar New Year, it is believed that the profit is expected to increase again and the dividend is expected to be repaid.
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