Hong Kong stocks anomaly | Marine transportation stocks continued to rebound in the morning, with mainstream shipping companies exceeding price increases beyond expectations. The detour pattern will continue.

Marine transportation stocks continued to rebound in early trading. As of the time of publication, OOIL (00316) rose by 3.62% to HK$108.8; Sinotrans Limited (00598) rose by 3.02% to HK$4.09; sitc (01308) rose by 1.97% to HK$20.7; cosco shipping holdings (01919) rose by 1.52% to HK$12.02.

Zhitong FinanceOct 13 21:51 ET

Hong Kong stock market anomaly | Marine transportation stocks collectively rebound, cosco shipping holdings performance forecast is excellent. Maersk and Hapag-Lloyd confirm they will continue to bypass the Cape of Good Hope.

Marine transportation stocks collectively rebounded. As of the time of publication, Cosco Shipping Holdings (01919) rose by 6.35%, to 12.06 Hong Kong dollars; Sitc (01308) rose by 4.32%, to 20.05 Hong Kong dollars; Ooil (00316) rose by 3.33%, to 105.4 Hong Kong dollars; Cosco Shipping Development (02866) rose by 2%, to 1.02 Hong Kong dollars.

Zhitong FinanceOct 9 22:33 ET

Hong Kong stocks closed (10.09) | Hang Seng Index fell by 1.38%, brokerages, infrastructure, shipping stocks continued to decline. Meituan-W (03690) rose against the trend.

The State Council Information Office will hold a press conference on Saturday at noon to introduce the relevant situation of "increasing the intensity of fiscal policy countercyclical adjustment and promoting high-quality economic development". The three major Hong Kong stock indexes rebounded in the afternoon, with all of them falling more than 3% in the early session, but then falling back again in the late session.

Zhitong FinanceOct 9 04:46 ET

Seasonal decline in the cargo volume of the European shipping routes, shipping stocks generally fell, cosco ship engy (01138) dropped by 7.69%.

Kingwisdom Financial News: Shipping stocks collectively fell, cosco ship engy (01138) down by 7.69%, pacific basin (02343) down by 7.2%, cosco shipping holdings (01919) down by 5.2%, ooil (00316) down by 4.7%, cosco shipping development (02866) down by 4.72%. On October 8, the shipping index (European route) futures main contract suddenly plummeted, with a sharp drop of over 20% at the close, closing at 1900 points. As of October 7, 2024, according to the latest data from the Shanghai Shipping Exchange.

Golden Guardian Financial NewsOct 8 22:55 ET

Hong Kong stock unusual movement: Shipping stocks generally fell, main block orders for European liner contracts plummeted today, spot market continued to decline.

Shipping stocks are generally falling. As of the time of publication, Pacific Basin (02343) is down by 7.66%, trading at 2.41 Hong Kong dollars; Cosco Ship Engy (01138) is down by 6.2%, trading at 9.68 Hong Kong dollars; Cosco Shipping Development (02866) is down by 5.95%, trading at 1.09 Hong Kong dollars.

Zhitong FinanceOct 8 02:42 ET

Why Oil and Gas Markets Are Dreading the Risk of Supply Disruption in the Strait of Hormuz

CNBCOct 8 01:20 ET