CIMC Group (02039) rose more than 6%. As of press release, it had risen 6.13% to HK$7.27, with a turnover of HK$10.738,800.
The Zhitong Finance App learned that CIMC Group (02039) rose by more than 6%. As of press release, it had risen 6.13% to HK$7.27, with a turnover of HK$10.738,800.
Guotai Junan's latest research report indicates that the container industry has reached an inflection point. The average container sales volume from 2010 to 2014 was 3 million TEU. According to the 12-15 year service life, it is expected that 2024-2029 will usher in a renewal cycle; due to overproduction in the entire industry due to the efficiency problem of empty container circulation in 2021-2022, the industry sales volume is only 1.7 million TEU in 2023, and sales are expected to recover to 2.5 to 3 million TEU in 2024. Renewal demand is expected to account for about 70%, and it is expected to return to normal levels of 3.8 million TEU in 2025.
Guotai Junan said earlier that as senior officials continue to thoroughly interpret the equipment renewal policy, relevant policy rules are expected to be introduced one after another, effectively driving the actual implementation of equipment updates. Recommended for the container industry, which mainly focuses on supply contraction and renewal cycles. Changjiang Securities, on the other hand, said that with the recovery in demand in the container industry in 2024, the company, as a leading container manufacturer, is expected to fully benefit from the recovery in industry demand.