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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.
Hong Kong stock price changes | Texiang Marine Transportation (02510) rose more than 6% in the afternoon, regaining the IPO price. The company's marine transportation business focuses on the Asia-Pacific region.
Texxing Marine Transportation (02510) was listed on Friday last week, plummeting nearly 2% on the same day. It rose over 6% in the afternoon today, hitting a high of 4.38 Hong Kong dollars, recovering the issuing price of 4.18 Hong Kong dollars. As of the time of writing, it is up 4.15%, at 4.27 Hong Kong dollars, with a turnover of 13.9181 million Hong Kong dollars.
T.S. Lines Raises HK$941 Million in Net Proceeds Ahead of Hong Kong Trading Debut
Deheng Marine Transportation (02510) priced at 4.18 Hong Kong dollars for its initial public offering, with a 5.87% allocation rate for one lot.
King's Wealth Bulletin | Dexiang Marine Transportation (02510) announced the results of the initial public offering, with a final offering price of HK$4.18 per share, raising a total of HK$1.04893 billion, with a net amount of approximately HK$0.94091 billion. Each lot consists of 1000 shares, and the allotment rate is 5.87% per lot. The shares were oversubscribed by 12.09 times for the public offering portion and 2.22 times for the international offering portion.
T.S. Lines Is Container Shipping Company
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