COSCO SHIPPING Ports Limited (SEHK:1199) is looking for M&A. Zhang Dayu, Managing Director said, "We will continue to make good use of opportunities, including M&A opportunities, or identify projects from various emerging markets and accelerate the expansion of our portfolio. When we acquire new projects, we will consider a low double-digit for internal IRR to create great value for our shareholders. We will continue to optimize our international footprint".