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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.
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.
Earnings Report: COSCO SHIPPING Holdings Co., Ltd. Missed Revenue Estimates By 15%
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.
Hong Kong Stock Exchange Exploration | Healthy World Technology-B: LuX-Valve Plus TRAVEL II one-year clinical follow-up results to be released at the 2024 American Washington Congress of Cardiology through the catheter.
CH Energy Eng (03996) controlling shareholder received financial support for shareholding in A shares; following Takeda's FRUQUINTINIB (呋喹替尼/fruquintinib) sales exceeding 0.2 billion US dollars, Hutchmed (China) (00013) will receive the first milestone payment.
HSBC: Rated cosco shipping holdings (01919) as "shareholding", with a target price of 8.5 Hong Kong dollars.
According to Daiwa, cosco shipping holdings' performance in the third quarter will mark the peak of this year's profits.
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