---
title: "Qingdao Port Tightens Control of Joint Venture Ganglianhai Logistics in Connected Deal"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/272527440.md"
description: "Qingdao Port International Co Ltd (HK:6198) has announced the consolidation of Ganglianhai Logistics into its financial statements after revising the latter’s Articles of Association. This change enhances control by Qingdao Port Logistics, which, along with COSCO Logistics, holds 50% equity in Ganglianhai. The new voting arrangements grant Qingdao Port Logistics effective decision-making power, making Ganglianhai a subsidiary. This transaction is classified as connected under Hong Kong’s Listing Rules but does not require a shareholder vote due to its small size. Analysts rate the stock as a Buy with a target price of HK$8.00."
datetime: "2026-01-14T09:09:19.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/272527440.md)
  - [en](https://longbridge.com/en/news/272527440.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/272527440.md)
---

# Qingdao Port Tightens Control of Joint Venture Ganglianhai Logistics in Connected Deal

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An announcement from Qingdao Port International Co Ltd Class H ( (HK:6198) ) is now available.

Qingdao Port International will consolidate Ganglianhai Logistics into its financial statements after amending the latter’s Articles of Association to strengthen control by its wholly owned unit, Qingdao Port Logistics. Although Qingdao Port Logistics and COSCO Logistics will each continue to hold 50% of Ganglianhai’s equity, the revised voting arrangements will give Qingdao Port Logistics effective decision-making power over most shareholder resolutions, turning Ganglianhai into a subsidiary and aligning the governance structure with its existing operational control. The move is classified as a connected transaction under Hong Kong’s Listing Rules because COSCO Logistics is an associate of a substantial shareholder, but the small transaction size means it is only subject to reporting and announcement requirements, not a shareholder vote, streamlining the consolidation process for investors and other stakeholders.

The most recent analyst rating on (HK:6198) stock is a Buy with a HK$8.00 price target. To see the full list of analyst forecasts on Qingdao Port International Co Ltd Class H stock, see the HK:6198 Stock Forecast page.

**More about Qingdao Port International Co Ltd Class H**

Qingdao Port International Co., Ltd. is a Chinese port operator whose core businesses span container, bulk cargo and logistics services, serving as a key infrastructure hub for maritime trade. Through its wholly owned subsidiary Qingdao Port Logistics, the group extends into integrated logistics operations that support cargo handling and supply-chain services for domestic and international shipping clients.

**Average Trading Volume:** 2,553,761

**Technical Sentiment Signal:** Buy

**Current Market Cap:** HK$58.21B

Learn more about 6198 stock on TipRanks’ Stock Analysis page.

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