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Shipping stocks rose, cosco ship engy (01138) increased by 3.52%. Institutions indicate that eco-friendly concept regulations are tightening, and bulk cargo market freight rates are expected to rise.
Jingu Financial News | Shipping stocks rise, cosco ship engy (01138) up 3.52%, sinotrans limited (00598) up 2.99%, pacific basin (02343) up 2.09%, cosco shipping development (02866) up 1.92%, ooil (00316) up 1.2%. On the news front, boc international indicated that eco-friendly regulations are impacting the dry bulk shipping market, and the new shipbuilding market's high prosperity continues. Eco-friendly regulations are driving the elimination of outdated capacity, the global trade pattern has changed, and the dry bulk shipping market is undergoing transformation. With the International Maritime Organization (IMO) setting standards for ship emissions.
Hong Kong stock market midday review | Hang Seng Index fell by 1.32% in the morning, shipping sector trending lower
Ceasefire news officially announced, the expected impact of tariff policies affecting the shipping market sentiment.
Hong Kong stocks unusual movement | Shipping stocks fall again as ceasefire news officially lands. Tariff policy expectations affecting market sentiment.
Shipping stocks fell again, as of the time of publication, COSCO Ship Engy (01138) fell by 3.77% to HKD 6.13; Pacific Basin (02343) fell by 3.11% to HKD 1.87; ooil (00316) fell by 2.54% to HKD 99.8.
Constant shocks! Tariffs and other geopolitical risks are repeatedly escalating, Hong Kong shipping stocks are responding weakly first.
①How much impact does the continuous impact of geopolitical risks such as tariffs have on the shipping sector? ②Hong Kong-listed shipping stocks first responded weaker, which individual stocks showed unusual movements?
Hong Kong stocks abnormal movements: shipping stocks trend weak, SCFIS growth slows down, compounded by ceasefire news, European shipping routes continue to plummet.
Shipping stocks are weak, as of the time of publication, cosco shipping holdings (01919) fell by 3.99%, closing at 11.06 Hong Kong dollars; ooil (00316) fell by 2.3%, closing at 101.9 Hong Kong dollars; sitc (01308) fell by 2.18%, closing at 20.2 Hong Kong dollars.
Is Now An Opportune Moment To Examine Orient Overseas (International) Limited (HKG:316)?