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Port City Quick Look | Three major indices have risen for five consecutive days! Today's average increase is over 2%; Gold and Biotechnology stocks were strong throughout the day, with Lao Pu Gold rising over 7%, and Juzi Biotechnology surging nearly 10%
Network Technology stocks rose, Alibaba-W increased by 5.05%, Baidu Group-SW rose by 3.98%; Golden Industrial Concept stocks ascended, TONGGUAN GOLD increased by 19.17%, SD GOLD rose by 9.85%; Nonferrous Metals stocks also increased, with SD GOLD rising by 9.85% and ZHAOJIN MINING up by 6.88%.
CHINA MER PORT (00144.HK): HIPG has entered into a structured lease agreement with Ocean Sky Intl.
Gelonghui, April 11 - CHINA MER PORT (00144.HK) announced that on April 11, 2025, its indirect subsidiary HIPG entered into a structured lease agreement with Ocean Offshore. According to the structured lease agreement, HIPG agrees to transfer all legal and beneficial rights, ownership, and interests in the equipment to Ocean Offshore, while Ocean Offshore agrees to accept and be granted all legal and beneficial rights, ownership, and interests in the equipment, allowing Ocean Offshore to subsequently immediately utilize the equipment during the lease period.
Harbour Transportation stocks generally rose, COSCO Shipping Holdings (01919) increased by 7.16%. BOC International pointed out that the tariff dispute between China and the United States has escalated, and the shipping market may soon face a rush for tra
Jinwu Finance | Harbour Transportation stocks rose overall, COSCO Shipping Holdings (01919) increased by 7.16%, OOIL (00316) increased by 4.39%, COSCO SHIPPING Development (02866) increased by 3.57%, CHINA MER PORT (00144) increased by 2.52%, Sinotrans Limited (00598) increased by 2.40%, PACIFIC BASIN (02343) increased by 1.95%, COSCO SHIP ENGY (01138) increased by 1.82%, TIANJINPORT DEV (03382) increased by 1.67%, Liaoning Port (02880) increased by 1.52%, Qinhuangdao Port (03369) increased by 1.36%.
Hong Kong stocks are moving丨Ports and shipping are strong, SITC once surged by 22.8%.
On April 10, according to GELONGHUI, ports and shipping strengthened significantly, with SITC initially surging by 22.8%, COSCO Shipping Holdings rising by 6.6%, while OOIL, COSCO SHIP PORT, COSCO SHIPPING Development, CHINA MER PORT, Liaoning Port, and COSCO SHIP ENGY followed suit. In news, on the 9th local time, USA President Trump stated that he had authorized a 90-day suspension of tariffs for countries that do not take retaliatory actions. Affected by this news, domestic Commodity Futures saw the main contracts for European shipping lines hit the limit up after the morning opening. It is worth mentioning that Trump's plan to charge fees for Chinese vessels entering USA ports has been opposed by the industry. (GELONGHUI)
HTSC maintains the "Buy" rating for CHINA MER PORT (00144.HK), with the Target Price raised to 15.6 yuan.
HTSC published a research report indicating that CHINA MER PORT (00144.HK) is expected to see a 3.1% year-on-year increase in revenue and a 27% growth in net profit in 2024, which is in line with expectations. However, looking ahead to 2025, uncertainty in the global macroeconomic environment due to tariff policies may cause a slight decline in the company's profits from last year's high base, with throughput expected to record low single-digit growth. The profit forecasts for this year and next year have been revised up by 5% and 2%, and the Target Price has been adjusted from 14.3 yuan to 15.6 yuan, maintaining a 'Buy' rating.
CHINA MER PORT (0144.HK): A Global leading port Operation operator with significant competitive advantages.
CHINA MER PORT announced its performance for 2024: revenue increased by 3.1% year-on-year to 11.84 billion Hong Kong dollars; net profit attributable to shareholders increased by 27.0% year-on-year to 7.92 billion Hong Kong dollars, in line with our expectations; net profit attributable to shareholders after excluding non-recurring items increased by 22.6% year-on-year to 7.55 billion Hong Kong dollars; completed container throughput of 0.15 billion TEUs, an increase of 6.0% year-on-year.