CN Logistics Renews Connected Master Agency Deal with CN France for 2026
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CN Logistics International Holdings Limited has renewed its master agency agreement with CN France HK for 2026, effective from January 1 to December 31. This agreement allows both companies to act as agents for air and ocean freight forwarding services. As CN France HK is 70% owned by CN Logistics, this transaction is classified as a continuing connected transaction under Hong Kong’s listing rules, exempting it from certain approval requirements. The latest analyst rating for CN Logistics stock (HK:2130) is a Hold with a price target of HK$3.50.
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