COSCO SHIPPING Ports Limited (SEHK:1199) is looking for acquisitions. Dayu Zhang, General Manager, said "we will continue to seize opportunities, such as M&A of global terminal assets, focusing on new terminal projects in Southeast Asia, the Middle East, Africa and South America to accelerate the scale of portfolio expansion. When acquiring projects, the IRR will be at least low double digits, so as to create investment value for shareholders".