Analysts Offer Insights on Industrial Goods Companies: Herc Holdings (HRI), Pacific Basin Shipping (OtherPCFBF) and JetBlue Airways (JBLU)

TipRanksApr 23 20:10

The shipping sector fluctuated and weakened, with Phoenix Shipping falling to a standstill during the intraday period. China Merchants Shipping, COSCO Marine, China Southern Oil, Ningbo Ocean, and Air China Ocean registered the highest declines.

The shipping sector fluctuated and weakened, with Phoenix Shipping falling to a standstill during the intraday period. China Merchants Shipping, COSCO Marine, China Southern Oil, Ningbo Ocean, and Air China Ocean registered the highest declines.

Zhitong FinanceApr 23 10:28

Hong Kong Stock Concept Tracking | The shipping market has set off a “wave of price increases”! The increase of nearly 70% on some routes indicates that long-term supply pressure still exists (with concept stocks)

The shipping market has obvious off-peak season characteristics, and the increase in freight rates generally accompanies the peak shipping season.

Zhitong FinanceApr 22 21:14

Beishui raised nearly HK$800 million from Tencent and sold HSBC Holdings worth nearly HK$400 million; Nanshui added a warehouse of nearly 900 million yuan to Kweichow Moutai

On April 22 (Monday), Southbound made net purchases of HK$2,901 million in Hong Kong stocks today. Bank of China and China Mobile received net purchases of HK$577 million and HK$240 million respectively.

Futu NewsApr 22 17:41

Hong Kong Stock Afternoon Review | The three major indices rose, and the Tech Index rose nearly 2%; TechNet stocks performed brilliantly; Meituan and Tencent rose nearly 5%

Gold stocks generally fell; Shandong Gold and Zhaojin Mining fell more than 6%; shipping stocks rose one after another; Pacific Shipping rose more than 5%, and Oriental Overseas International rose more than 3%.

Futu NewsApr 22 12:15

Major Bank Ratings | Bank of America: Pacific Shipping Target Price Slightly Lowered to HK$3 to Maintain “Buy” Rating

Glonghui, April 22 | Bank of America Securities published a research report saying that Pacific Shipping recently released operating data for the first quarter, and management indicated that it remains optimistic about fundamentals during investor exchange activities. Bank of America maintains a “buy” rating for the company and predicts that this year and next two years will enter a period of profit recovery. It expects the company to have a strong ability to generate cash flow, so it still believes that the dividend ratio can reach 70% this year. However, based on the first-quarter performance being slightly lower than the bank's forecast, Bank of America lowered its 2024-2026 profit forecast by 6% to reflect the decline in average rental income expectations. The target price dropped slightly from HK$3.1 to HK$3. Although the company announced 4,

Gelonghui FinanceApr 22 11:50