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Hong Kong stock morning report | Trump's tariffs hard hit the US stock market, Shenzhen supports AI development.
① Trump announced that tariffs of 25% will be imposed on Canada and Mexico. ② The three major U.S. stock indexes fell sharply, and most China Concept Stocks declined. ③ OPEC+ will continue to advance the oil production increase plan set for April, and international Crude Oil Product futures prices dropped by over 1%. ④ The PMI for U.S. manufacturing declined to 50.3. ⑤ Shenzhen plans to build several 10E-level Asia Vets computing clusters.
Selected Hong Kong stock announcements | SHENZHEN INT'L's net income for 2024 is approximately 3 billion HKD, while SEACON's annual profit has increased by over 200%.
① SHENZHEN INT'L 2024 Net income is approximately 3 billion Hong Kong dollars, what is the growth rate? ② SEACON's annual profits increased by over 200%, what factors benefited from this?
Seacon Shipping Group Expects Up to 220% Increase in 2024 Profit; Shares Rise 5%
SEACON (02409.HK) profit alert: it is expected that the annual profit attributable to Shareholders will increase by approximately 200%-220% year-on-year.
Glory Exchange reported on March 3 that SEACON (02409.HK) announced that for the year ending December 31, 2024, the company's annual profit attributable to Shareholders is expected to increase by approximately 200% to 220% compared to the profit attributable to Shareholders for the year ending December 31, 2023. This increase is primarily due to (including) (i) the increase in Global marine transportation trade volume compared to the year ending December 31, 2023, with the average Baltic Dry Index (BDI) increasing by 27.5%, allowing the group to charge higher freight rates and earn higher income; (ii) at the same time, the group continues to strengthen management capabilities.
Express News | Seacon Shipping Group - Expected Result Due to Global Maritime Trade Volume Increased, Others
Express News | Seacon Shipping Sees Profit Attributable to Increase by 200% to 220%, for Year