China Merchants Port: The fundamental problem of port supply chain disruption has not been solved. The budget for Phase II of Dachan Bay is approximately 6 billion yuan | Directly covering the earnings conference.

①The situation in the Red Sea has led to disruptions in port supply chains, driving an increase in container volume at the company's CICT terminal. The throughput of this terminal in the first 7 months of this year has reached 2 million TEU (annual target of 3 million TEU); ②Disruption in ship schedules and the phenomenon of ships being stuck at port have not been fundamentally changed; ③ The budget for the company's Da Chan Bay Phase II project is approximately 6 billion yuan.

cls.cnAug 30 06:57 ET

Grasping the "shipping dividend", COSCO Shipping Holdings' revenue in the first half of the year exceeded 100 billion yuan, with a year-on-year growth rate of over 10%.

In the first half of the year, affected by the interruption of the Red Sea route and the growth of cargo volume in emerging markets, Cosco Shipping Holdings' financial report is impressive, achieving a total revenue of 101.201 billion RMB, a year-on-year increase of 10.19%. At the same time, Cosco Shipping Holdings closely monitors the IMO convention and the EU's new environmental protection regulations, accelerating the development of an eco-friendly and low-carbon fleet.

wallstreetcnAug 29 23:43 ET

Pacific Basin Shipping Reports 1H Results

Seeking AlphaAug 9 13:44 ET

AH trends diverge, Hang Seng Index up 0.6%, CNOOC up 4%, national bond futures slightly rebound.

Rare earth permanent magnets concept stocks pull back, photovoltaic and lithography themes also weaken. Hong Kong's real estate, banks, and oil & gas stocks are strong, CNOOC up 4%, Agricultural Bank of China and China Merchants Bank rise more than 2%. After experiencing a sharp drop yesterday, national bond futures rebounded in early trading, with 10-year and 30-year national bond futures contracts rising nearly 0.1% in early trading.

wallstreetcnJul 1 22:02 ET

Trending Industry Today: COSCO SHIP HOLD Leads Losses In Harbour Transportation Stocks

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Chinese E-Commerce Giants Poised for Growth Following New Government Policy Support

Moomoo News SGMay 29 11:00 ET