China Shipbuilding Defense (00317) rose more than 11%. As of press release, it rose 9.74% to HK$13.52, with a turnover of HK$76.2938 million.
The Zhitong Finance App learned that China Shipbuilding Defense (00317) rose by more than 11%. As of press release, it had risen 9.74% to HK$13.52, with a turnover of HK$76.2938 million.
According to the news, China's General Administration of Customs recently released import and export data for April. According to the data, among the main export commodities, ship export values showed a trend of year-on-month growth in April, surging 91.33% year-on-year and 34.4% month-on-month.
Furthermore, on April 29, China Shipbuilding Group Co., Ltd. and Qatar Energy Company (QataRenergy) held a signing ceremony for the construction of 18 of the world's largest 271,000 cubic meter Q-Max liquefied natural gas (LNG) carriers. China Merchants Securities said that a single historic order came to Shanghai and East, indicating that China's shipbuilding industry has made excellent technical progress in the LNG carrier, a high-cost, high-quality ship type. Considering that Hudong Zhonghua is the core sub-shipyard of the China Shipbuilding Group, other CSIC companies will also benefit from the gradual industrialization and localization process of LNG carriers.