Hutchison Port Holdings (HPH) Trust

HPH Trust replaced Jardine C&C as the overall winner in this sector

Earnings per unit attributable to unitholders stood at 1.09 HK cents, down 86.8% y-o-y.

China Merchants Group and China Cosco Shipping Corp had been among the firms expressing interest in acquiring the stake

Beyond April, the team is watchful of the seasonal ‘sell’ trend in May following post-ex-dividends.

Now would be a good time to accumulate units in the trust due to undemanding valuations, says DBS analyst Paul Yong.

Throughput volumes are rebounding strongly after a difficult 1H2020.

(Sept 6): Hutchison Port Holdings Trust will be removed from Singapore’s Straits Times Index after a dramatic fall in its market value amid rising global trade tensions, the index provider said in a statement.

SINGAPORE (July 24): Hutchison Port Holdings Trust (HPHT) has announced an interim distribution per unit of 6.00 HK cents, down nearly 30% from 8.52 HK cents a year ago.

SINGAPORE (Dec 21): DBS has a “neutral” rating on Singapore’s transport sector in 2019, with hopes that a better-than-expected economic growth and activity globally would help improve demand volume and pricing for the transport sector.

SINGAPORE (Dec 29): The managers of Hutchison Port Holdings (HPH) Trust has agreed to buy an effective 41.3% stake in Huizhou International Container Terminals (HICT) from the trust's sponsor for about US$86.26 million ($125 million).