01308 SITC
- 19.380
- -0.720-3.58%
SITC News
Profits are under pressure, and the shipping sector, which rose more than 35% in 20 trading days, is “two-sided”?
With a rise of more than 35% in the past 20 trading days, the Hong Kong stock shipping sector seems to have sounded the “king of cycles” again.
Freight rates have gone up like crazy! The peak season is approaching, and shipping stocks will continue to boom?
International shipping prices have been booming. Can the market still be expected in the future?
Opinion | What do you think of the recent counterintuitive rise in shipping prices?
Zheshang Securities recently released a research report, which believes that the combination of the three major factors of the protracted Red Sea conflict, marginal improvement in demand from Europe and the US, and the entry of the US line into the Changshang Agreement signing period is the reason for the recent sharp rise in shipping prices.
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Gold is overshadowed by the limelight! International shipping prices have skyrocketed. What are the investment opportunities for Hong Kong and US stocks?
The upcoming traditional peak season for shipping will also further catalyze the rise in market expectations for shipping demand.
A quick look at the Hong Kong market | The three major indices have risen one after another. Technology Network stocks and power stocks are popular. Bilibili has risen more than 6%, and Huadian International has risen nearly 8%
Biotech stocks had mixed ups and downs. Pharmaceutical and Ming Union fell%, and Jinxin Fertility rose%; shipping stocks rose, with Dongfang Overseas International, COSCO Marine Control, and COSCO Marine Energy up nearly 6%.
European freight futures broke through the 4,000 point “second round price increase” expectations and catalyzed the strengthening of shipping Hong Kong stocks
① Shipping stocks have been rising continuously recently. What incremental benefits are worth paying attention to? ② European freight futures are trending strongly. Why is the market so optimistic?
Price increases combined with negotiations broke down, and European shipping continued to reach record highs! Hong Kong A shipping stocks have surged one after another
Various futures contracts soared.
Zheshang Securities: What do you think of the recent counterintuitive rise in shipping prices?
Recently, shipping companies' price increases have been supported by many factors: supply chains are tight due to the protracted Red Sea conflict; the demand-side margins are improving; in addition, the US line has entered a critical period of signing contracts with the Changxie Association, and shipping companies are motivated to increase prices.
Hong Kong stocks and shipping stocks continued their gains. Orient Overseas International rose 6.10%, COSCO Marine Control rose 4.79%, COSCO Shipping rose 4.21%, and Haifeng International rose 2.60%.
Hong Kong stocks and shipping stocks continued their gains. Orient Overseas International rose 6.10%, COSCO Marine Control rose 4.79%, COSCO Shipping rose 4.21%, and Haifeng International rose 2.60%.
Changes in Hong Kong stocks | Shipping stocks continue recent gains, liner companies push up freight rates, European freight futures, multi-contract prices reach new highs
Shipping stocks continued their recent gains. As of press release, COSCO Overseas International (00316) rose 6.95% to HK$138.5; COSCO Offshore (01919) rose 5.47% to HK$12.34; COSCO Haifa (02866) rose 4.21% to HK$0.99; and Haifeng International (01308) rose 3.74% to HK$19.98.
“Can't grab the box at all!” Is the Red Sea orbiting effect showing another wave of cabin shortages in the shipping market?
“The freight rate has started to rise again, and I can't grab the box at all!” The head of a freight forwarder company told the Financial Federation reporter that the “lack of a box” this time was essentially a lack of space.
China IoT: China's e-commerce logistics index in April was 113.2 points, up 0.7 points from month to month
The China E-commerce Logistics Index for April 2024, which was jointly released by the China Federation of Logistics and Purchasing and Jingdong Group (09618), was 113.2 points, up 0.7 points from month to month, rising for two consecutive months.
Changes in Hong Kong stocks | Dongfang Overseas International (00316) rose nearly 4%, leading the way, shipping stock Maersk expects Q2 capacity to decrease by 20%, and the US Eastern Airlines freight index surged 31%
Shipping stocks continued their recent gains. As of press release, Orient Overseas International (00316) rose 3.87% to HK$120.7; Haifeng International (01308) rose 1.7% to HK$19.12; COSCO Marine Control (01919) rose 1.54% to HK$10.58; and Pacific Shipping (02343) rose 0.36% to HK$2.78.
Changes in Hong Kong stocks | Haifeng International (01308) increased by more than 5%, short-term freight rates are expected to maintain the strong freight volume growth performance of high-ranking companies
Haifeng International (01308) rose more than 5% in the intraday period. As of press release, it rose 4.77% to HK$18.88, with a turnover of HK$114 million.
Changes in Hong Kong stocks | Haifeng International (01308) rose more than 6%, and many shipping companies announced freight rate increases. The company's Q1 turnover increased 7.5% over the same period last year
Haifeng International (01308) rose more than 6%. As of press release, it had risen 5.63% to HK$18, with a turnover of HK$136 million.
CICC: Freight rates may remain high in the short term to improve the certainty of profits and dividends for shipping companies this year
Recently, freight rates have continued to rise due to continued detours in the Red Sea, increased demand for US routes, shipping companies' capacity control, and pre-May Day shipments.
SITC To Go Ex-Dividend On April 30th, 2024 With 0.5 HKD Dividend Per Share
April 27th - $SITC(01308.HK)$ is trading ex-dividend on April 30th, 2024. Shareholders of record on May 2nd, 2024 will receive 0.5 HKD dividend per share on May 21st, 2024. The ex-dividend date is
Haifeng International (01308.HK) revenue fell 10.0% to US$548.9 million in the first quarter
On April 26, GLONGHUI | Haifeng International (01308.HK) announced that the Group's revenue decreased by about 10.0% from about 609.6 million US dollars for the three months ending March 31, 2023 to about 548.9 million US dollars for the three months ending March 31, 2024, mainly due to a decrease in average freight costs. For the three months ended March 31, 2024, the Group's container volume was 745,048 TEUs, an increase of about 7.5% over 693,283 TEUs in the same period in 2023. The Group's average freight for the three months ended March 31, 2024 (not included
Changes in Hong Kong stocks | Haifeng International (01308.HK) rose more than 4%, the main force of the shipping index rose more than 4%, and the effects of airline price increases in May still need to be observed
Haifeng International (01308.HK) rose more than 4%. As of press release, it rose 3.95% to HK$16.3, with a turnover of HK$406.58 million.
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