China Merchants Port Holdings Co. (01199) introduces China Merchants Shipping (Hong Kong) to increase capital in the Abu Dhabi container terminal, further enhancing the hub layout of the Belt and Road Initiative in the Middle East.

Zhixin Financial News APP reported that China COSCO Shipping Port (01199) announced, after trading hours on June 26, 2026, that the company, China COSCO Shipping (Hong Kong) (a wholly-owned subsidiary of China COSCO Shipping), and the target company (a wholly-owned subsidiary of the company, China COSCO Shipping Port (Abu Dhabi Container Terminal) Limited) have entered into a subscription agreement. According to this agreement, China COSCO Shipping (Hong Kong) conditionally agreed to subscribe to the target company's subscription shares to be issued and distributed at a subscription price of approximately 14.108 million US dollars (equivalent to 40% of the issued shares of the target company after distribution).