Hong Kong stocks fluctuate | Marine transportation stocks fall in the afternoon, the high stock price increase may not meet expectations, and it is expected that the downward cycle mentioned by Morgan Stanley will continue.

Marine transportation stocks fell in the afternoon, as of the time of publication, cosco shipping holdings (01919) dropped by 3.48% to HKD 12.2; sitc (01308) fell by 2.43% to HKD 22.05; ooil (00316) fell by 2.34% to HKD 112.8; cosco shipping development (02866) fell by 0.91% to HKD 1.09.

Zhitong FinanceNov 6 00:42 ET

HK Stock Market News: Marine transportation stocks rose across the board in the morning, with European shipping block orders rising more than 10% at one point. Institutions state that market expectations for the peak season remain strong.

Marine transportation stocks rose across the board in the morning session, as of the time of publication, Dexin Shipping (02510) rose by 6.03% to HKD 4.57; SITC International (01308) rose by 2.46% to HKD 22.95; OOIL (01308) rose by 1.42% to HKD 114.4; COSCO Shipping Holdings (01919) rose by 0.96% to HKD 12.62.

Zhitong FinanceNov 4 22:05 ET

An Intrinsic Calculation For Orient Overseas (International) Limited (HKG:316) Suggests It's 45% Undervalued

Simply Wall StNov 1 18:18 ET

Hong Kong stock anomaly | Cosco Shipping Holdings (01919) rises by over 4% again, with third-quarter performance reaching a profit peak. Morgan Stanley predicts that the industry's downturn cycle will continue.

Cosco Shipping Holdings (01919) rose by over 4%, as of the time of publication, up 3.99% at HK$12, with a turnover of HK$92.0321 million.

Zhitong FinanceOct 31 21:46 ET

Hong Kong stocks fluctuate | Marine transportation stocks generally fell today. Maersk lowered quotes more than expected, institutions said it would impact the market's expectations for the realization of this round of price increases.

Today, marine transportation stocks generally fell. As of the time of publication, sitc (01308) fell by 4.33% to HKD 22.1; cosco shipping holdings (01919) fell by 3.25% to HKD 11.3; ooil (00316) fell by 2.39% to HKD 106; sinotrans limited (00598) fell by 1.12% to HKD 3.52.

Zhitong FinanceOct 30 03:16 ET

ooil (00316.HK) leases a total of 6 ships with a lease term of 15 years.

On October 22, Gelunhui reported that on October 22, 2024, OOIL (00316.HK) announced that OOCL (a wholly-owned subsidiary of the company) as the lessee, entered into a charter agreement with the respective shipowners, each as lessor, to charter a total of 6 ships, with a lease term of 15 years (OOCL has the right to increase or decrease by up to 30 days), starting from the delivery date of each ship. Based on this, the maximum total amount of rent payments for all the ships under the charter agreement paid by the group is approximately RMB 11.2 billion.

Gelonghui FinanceOct 22 04:46 ET