CSSC Offshore & Marine Engineering (0317) Plunges -6.193% on Feb 9

February 9, 2018 - By Migdalia James

Shares of CSSC Offshore & Marine Engineering (HKG:Group Company Limited) last traded at 10.3, representing a move of -6.193%, or -0.68 per share, on volume of 1.49M shares. After opening the trading day at 10.58, shares of CSSC Offshore & Marine Engineering traded in a close range. CSSC Offshore & Marine Engineering currently has a total float of 592.04M shares and on average sees 1.17 million shares exchange hands each day. The stock now has a 52-week low of 10.12 and high of 18.3.

What’s Behind Hong Kong’s Good Corporate Governance?

CG Watch, a biannual newsletter, has recently ranked Hong Kong as the second economy in Asia with the best corporate governance next to Singapore. CSSC Offshore & Marine Engineering company and its colleagues quickly became the part of Hong Kong trading life. Previously, Hong Kong has placed first. This feat is very telling of how compelling the environment for trade and commerce is in Hong Kong; and the Stock Exchange of Hong Kong (SEHK) plays an important role in driving national economic growth.

Equity Market in Hong Kong

Established in 1891, the SEHK is the primary stock exchange in the world. In Asia, it is the third largest stock exchange while in the world, it is currently placed sixth.

Meanwhile, the Hang Seng Index (HSI), which was first published on November 24, 1969, is the benchmark index measuring the 50 most actively traded companies on the SEHK. Presently, it is oper....

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