01919 COSCO SHIP HOLD
- 13.520
- +0.380+2.89%
COSCO SHIP HOLD News
GTJA: Differentiated market impact on shipping, short-term freight rates fall without changing the medium-term upward trend.
The recent expected changes in oil prices are affecting trade pace. The short-term freight rates are expected to fall temporarily but the medium-term trend is still upward. In the second half of the year, the marginal impact of Middle East production cuts will weaken, and the rigidity of supply during the peak season will be highlighted. The economy is expected to improve and performance is expected to grow.
Harbour transportation stocks rebound, ooil (00316) rose 3.23%. Institutions are optimistic about the rise in tanker cycles.
Jingu Wealth News | Harbour transportation stocks rebounded, OOIL (00316) rose 3.23%, COSCO Shipping Holdings (01919) rose 2.74%, Pacific Basin (02343) rose 1.97%, China Merchants Port (00144) rose 1.33%, COSCO Ship Engy (01138) rose 1.18%. Morgan Stanley published a research report pointing out that due to the tight supply, the rising cycle of tankers for the next 1 to 2 years is still very optimistic. If the disturbance in the Red Sea persists, the upward trend of container spot freight rates may continue until the summer, but the problem of oversupply still worries people. Huafu Securities stated that the entire
Hong Kong stock market's anomaly | COSCO Shipping Holdings (01919) rose more than 3%, and Daiwa Securities pointed out that the upward trend in container spot freight rates may continue into the summer.
According to the Zhitong Finance APP, COSCO Shipping Holdings (01919) rose more than 3%, up 3.35% to 13.58 Hong Kong dollars and a turnover of 110 million Hong Kong dollars at the time of publication. Morgan Stanley's research report points out that due to the tight supply, the prospects for the next 1-2 years in the tanker cycle are still very optimistic. If the disruption in the Red Sea continues, the rising trend of spot container freight may continue until the summer, but the problem of oversupply remains worrying. Founder Securities research reports indicate that the value of the leading integrated shipping company is still bullish in the short, medium, and long term. In the short term, COSCO Shipping Holdings' profitability, scale/network effects lead globally, and freight rates significantly higher than expected boost the industry.
Hong Kong stocks fluctuate | marine transportation stocks continue to decline. Some institutions claim that part of the funds are based on the weakening of the forward supply and demand, and they are rushing to get ahead. There is currently no sign of det
According to the report by China Finance Online, marine transportation stocks continued to fall. As of the publication, Pacific Basin (02343) fell 4.58% to HKD 2.5, COSCO Shipping Holdings (01919) fell 3.66% to HKD 12.62, Orient Overseas International (00316) fell 1.83% to HKD 123.2, and COSCO Shipping Development (02866) fell 0.94% to HKD 1.05. Futures block orders pointed out that yesterday, the EC main force 08 contract plummeted 5.17% and the far-month contract once hit the limit down, with serious bull trampling. The capital logic may mainly include two points: on the one hand, after the continuous sharp rise in spot prices; the market...
Cosco ship port (01199.HK) received 2.914 million shareholding from Cosco Shipping Holdings.
According to the latest equity disclosure information from the Stock Exchange of Hong Kong, on June 6, 2024, COSCO Shipping Ports (01199.HK) received an increased shareholding of 2.914 million shares from COSCO Shipping Holdings at an average price of HKD 5.794 per share, with a total investment of approximately HKD 16.8837 million. After the shareholding increase, the latest number of shares held by COSCO Shipping Holdings is 2,530,229,793, and the shareholding ratio has increased from 70.92% to 71.00%.
Cosco Shipping Holdings (601919.SH) will distribute A-share cash dividends for the end of 2023 on June 20, with a dividend of 0.23 yuan per share.
Cosco Shipping Holdings (601919.SH) announced that it will distribute A-share cash dividends at the end of 2023 on June 20, 2024, with a dividend of 0.23 yuan per share (tax included). The registration date for the equity distribution is June 19, 2024, and the ex-dividend date is June 20, 2024.
Trending Industry Today: COSCO SHIP HOLD Leads Losses In Harbour Transportation Stocks
June 11th - The industry of $Harbour Transportation(LIST1213.HK)$ is trending lower today with 1 constituents up, 8 constituents down and COSCO SHIP HOLD leading Losses.$COSCO SHIP HOLD(01919.HK)$ dec
Express News | China's COSCO Shipping Holdings Slumps More Than 8%
Hong Kong stock concept tracking: Shipping companies are busy with container turnover, and the shipping market maintains high prosperity. (Attached concept stock)
Currently, it appears that the impact of the red sea situation on the shipping market will continue.
Huachuang Securities: The red ocean effect and the bullwhip effect are accelerating. Part of the port turnover efficiency has declined. We continue to focus on investment opportunities in joint transportation.
On the demand side, gradually entering the peak season of July and August, spot freight rates are expected to have support.
Hong Kong Stock Market Movement: Shipping stocks continue to rise, red sea crisis continues, and congestion in major ports in Asia pushes up freight rates.
Zhì tōng cáijīng APP learned that shipping stocks continued to rise. As of press time, Cosco Shipping Development (02866) rose 3.6%, to HKD 1.15; Cosco Shipping Holdings (01919) rose 2.05%, to HKD 14.9; SITC International Holdings Co Ltd (01308) rose 2.13%, to HKD 21.55. On the news front, the economic impact of Houthi attacks on commercial ships in the Red Sea is continuing to expand, and the global shipping capacity shortage situation is deteriorating. The global shipping trade giant Maersk recently raised its full-year profit forecast, stating that the congestion in the Red Sea has a far greater impact on the global shipping supply chain than previously expected. The Maersk Group stated that the global
Hong Kong stock concept tracking | The global shipping prices soar as Singapore port experiences 'mega congestion'; Institutions are bullish on these symbols (including concept stocks).
Some industry insiders have pointed out that the sustained upward trend in freight rates due to port congestion may continue until the end of the year.
Intelligent Hong Kong stock analysis| Welcoming the post-easy era, Nvidia's record high stimulates the strong performance of technology stocks.
As a market that has long been integrated with the international market, Hong Kong stocks have been much stronger recently than A-shares. Despite the rise and fall, the market was relatively stable and closed up by 0.29%. A-shares continue to be in a period of internal restructuring, and with strict control over algorithmic trading, micro-cap stocks that it harvests are all in a state of large-scale decline. The Hong Kong stock market has entered a period of easing after trading. At 21:45 on Wednesday evening Beijing time, the Bank of Canada released its interest rate decision, announcing a 25 basis point cut in its benchmark interest rate to 4.75%, making it the first G7 country to cut interest rates. After the Bank of Canada's rate cut, there was pressure on the Fed. There is a "small non-".
A-share noon report: Shanghai index fell by 0.08%. Car service and education stocks fell the most, while the golden industrial concept rebounded together.
As of the midday closing, the Shanghai Composite Index fell by 0.08% to 3062.93 points, the Shenzhen Component Index fell by 0.12%, and the ChiNext Price Index fell by 0.17%.
Hong Kong stock concept tracking | Maersk raised performance expectations, global shipping market is booming (with concept stocks)
On June 3, global container leader Maersk announced an upward revision of its full-year performance expectations. Maersk stated that due to sustained strong demand in the container market and the continuing chaos caused by the Red Sea crisis, signs of further congestion at ports are now also visible, especially in Asia and the Middle East regions. At the same time, container freight rates are further rising, expected to promote strong growth in financial performance in the second half of 2024. Guotong Securities pointed out that considering that European line capacity deployment accounts for 24% of global capacity, the static impact of detours on global capacity is about 5% (considering the US East Coast route, but not considering the impact of Cape of Good Hope wind direction and port supply capacity on spot capacity).
Hong Kong stocks soar| Cosco Shipping Holdings (01919) rose more than 5%, leading the marine transportation stocks. Maersk Line raised its performance expectations again and institutions said that the demand during the peak season has not been fully relea
According to the WiseNews app, marine transportation stocks continued to rise in the morning session. As of the publication, Cosco Shipping Holdings (01919) rose 5% to HKD 14.7; OOIL (00316) rose 4.46% to HKD 142.9; Cosco Shipping Development (02866) rose 3.7% to HKD 1.12; Sinotrans Limited (00598) rose 2.51% to HKD 4.09. In terms of news, Maersk announced on June 3 that it has raised its full-year profit forecast. Maersk stated that due to the sustained strong demand in the container market and the continued chaos caused by the Red Sea crisis, further congestion at the port is also expected.
Citigroup: Maintain "hold" rating on OOIL and Cosco Shipping Holdings, with significantly increased earnings forecast for this year.
Citigroup has released a research report stating that it has upgraded OOIL (00316) to hold with a target price of HKD 132.2 and increased dividend forecast. It has also maintained its hold rating on Cosco Shipping Holdings (01919) with a target price of HKD 13.41.
Hong Kong Stock Concept Tracking | The European line of Jiyun rose nearly 10%! Global port congestion has intensified, and high freight rates still provide strong support. (Attached concept stocks)
On June 4th, the shipping index (Europe) futures accelerated in the afternoon, with the main contract reaching a high of 4635 points, up more than 10%.
Beijing Water Authority increased its holdings in China Mobile by more than HK$1 billion, while Southern Water Authority sold its holdings in Cosco Shipping Holdings for HK$456 million.
Track the latest trends of north-south directional funds.
Hong Kong stocks surged: Most shipping stocks rose, the Red Sea crisis pushed up freight rates, and Singapore's port congestion increased challenges to the supply chain.
Most shipping stocks have risen, at the time of writing, Sitc (01308) is up 3.92% to HKD 21.2, Cosco Shipping Development (02866) is up 3.77% to HKD 1.1, and Cosco Shipping Holdings (01919) is up 2.31% to HKD 14.2.
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