Shipping stocks rose against the market trend, with SITC International reaching a record high and surpassing HK$100 billion in market capitalization.

Gelonghui, July 22 | Hong Kong-listed shipping stocks defied market weakness today, with the sector broadly rallying. Among them, SITC International surged as much as 4% intraday, reaching a record high and pushing its market capitalization above HK$100 billion for the first time. COSCO Shipping Energy rose nearly 7%, T.S. Lines gained 3%, and COSCO Shipping Holdings, COSCO Shipping Development, and China Merchants Port also advanced. On the news front, the shipping sector is experiencing a year of earnings “surprises.” The two oil tanker giants stood out in particular: China Merchants Energy Shipping’s H1 adjusted net profit is expected to increase by 244%–281% year-on-year, while COSCO Shipping Energy’s net profit rose approximately 148% year-on-year. In specialized shipping, COSCO Shipping Specialized Carriers is benefiting from the surge in China’s new energy vehicle exports, with its profit growth expected to reach

Gelonghui FinanceJul 22 11:15

Zhitong Hong Kong Stock Investment Diary | July 7

Hong Kong Stock Investment Journal | July 7, 2026

Zhitong FinanceJul 7 00:00

Guotai Haitong: Oil prices retreat as summer travel season begins; lifting of Taiwan Strait restrictions opens valuation upside

U.S.-Iran peace talks have commenced, leading to the Strait's opening and the lifting of sanctions on Iranian oil within 60 days.

Zhitong FinanceJul 1 16:35

Hong Kong Stocks Move | Shipping stocks extend losses, with COSCO Energy down 6.7% as the Baltic Dry Index hits a new low in over two months

Gelonghui, June 29 | Hong Kong-listed port and shipping stocks continued their downward trend, with COSCO Energy falling 6.7%, COSCO Shipping Development down 2.2%, COSCO Shipping Holdings dropping 1.5%, and T.S. Lines, Qingdao Port, and Qinhuangdao Port all declining by more than 1%. On the news front, the Baltic Dry Index (BDI)—a leading indicator of industry sentiment—has weakened persistently in recent days. On June 26, the BDI fell by 91 points (nearly 4%) to 2,204 points, its lowest level since April 20. The index closed at 2,524 points on Friday, June 26, marking another single-day decline of 2.6%. Container shipping data firm

Gelonghui FinanceJun 29 09:59

Yuanta Securities Upgrades T.S. Lines to Buy From Hold; Price Target Is HK$9.50

MT NewswiresJun 25 18:17 · Ratings

Tensions in the Middle East are easing, leading to divergent trends in the shipping market: tanker freight rates are poised to rise, while container shipping rates on the Europe route may see a turning point next month.

Signs of easing tensions in the Middle East have emerged. According to Caixin reporters, if this détente materializes, it will boost demand for crude oil and refined product tanker transportation. Given limited tanker capacity, freight rates are likely to rise. In the container shipping market, freight rates on Europe-bound routes may reach a turning point in mid-to-late July.

cls.cnJun 15 18:50