Pacific Shipping (02343) fell by nearly 4%. As of press release, it was down 3.798% to HK$2.29, with a turnover of HK$21.6584 million.
The Zhitong Finance App learned that Pacific Shipping (02343) fell by nearly 4%. As of press release, it was down 3.798% to HK$2.29, with a turnover of HK$21.6584 million.
According to the news, the Baltic Sea Dry Bulk Freight Index fell for the fifth consecutive trading day on Monday to a low of more than three weeks due to low demand for Cape and Panamanian ships. The Baltic Dry Bulk Freight Price Index fell 73 points, or 3.3%, to 2,123 points. China Merchants Futures previously pointed out that due to the impact of the global economy and the situation in the Middle East, demand for commodities is still moderately low. Currently, the global economy is in the process of bottoming out through repeated shocks, and BDI will show a trend of intensifying shocks in the short term. However, as China's economy improves, BDI is expected to rise again and again in the medium to long term.
In addition, according to the latest data from the Hong Kong Stock Exchange, BlackRock reduced its holdings of Pacific Shipping by 186.0.2 million shares, at a price of HK$23,402 per share, for a total amount of about HK$437 million. On the same day, J.P. Morgan reduced its holdings of Pacific Shipping common shares by 121 million shares, worth about HK$303 million.