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Hong Kong stocks have moved significantly | COSCO Shipping Holdings (01919) once fell over 9%. COSCO SHP SG has been placed on the CMC list, and the restructuring of shipping alliances may trigger a price war among shipping companies.
COSCO Shipping Holdings (01919) fell sharply in early trading, with the stock price once dropping over 9%. As of the time of this report, it has fallen by 4.26%, trading at 11.68 Hong Kong dollars, with a transaction volume of 0.199 billion Hong Kong dollars.
Express News | COSCO Shipping: We Will Engage With U.S. Authorities to Clarify This Matter, Global Operations Continue Uninterrupted
Hong Kong stocks are fluctuating | Marine Transportation stocks continue to decline, the shipping alliance structure is about to change. Institutions state that a price war has already begun.
Marine transportation stocks continued to decline. As of the time of writing, LC LOGISTICS (02490) is down 5%, at 21.85 HKD; COSCO Shipping Holdings (01919) is down 3.63%, at 12.22 HKD; OOIL (00316) is down 2.25%, at 112.8 HKD; SITC (01308) is down 1.86%, at 21.1 HKD.
Hong Kong stocks movement | Some Marine Transportation stocks fell in the afternoon. LC LOGISTICS (02490) dropped over 10%, and major shipping companies followed suit with reductions in current Quote.
Some Marine Transportation stocks fell in the afternoon. As of the time of this report, LC LOGISTICS (02490) dropped 10.55% to 22.05 Hong Kong dollars; OOIL (00316) fell 3.86% to 114.6 Hong Kong dollars; COSCO Shipping Holdings (01919) decreased 1.41% to 12.6 Hong Kong dollars.
Hong Kong stocks were volatile | Marine Transportation stocks rose in early trading due to the possibility of a strike at East Coast terminals. Institutions indicate that the market's expectations for routing through the Red Sea have been somewhat delayed
Marine transportation stocks rose in the morning session. As of the time of publication, OOIL (00316) increased by 3.66%, trading at 119 HKD; SITC (01308) rose by 2.7%, trading at 20.95 HKD; COSCO Shipping Holdings (01919) increased by 1.91%, trading at 12.78 HKD.
COSCO Shipping Holdings (601919.SH): has cumulatively repurchased 50.00005 million shares of A-shares.
On January 2, Gelonghui reported that COSCO Shipping Holdings (601919.SH) announced that as of December 31, 2024, the company has cumulatively repurchased A-shares through centralized bidding transaction amounts to 50,000,050 shares, accounting for 0.31% of the company's total share capital as of December 31, 2024. The highest purchase price was 14.71 yuan/share, and the lowest was 13.51 yuan/share, with a total amount paid of 703,339,984.4 yuan (excluding transaction costs).