02866 COSCO SHIP DEV
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COSCO SHIP DEV News
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?
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.
Hong Kong Stock Afternoon Review | The three major indices rose sharply, shipping stocks and gaming stocks rose, COSCO Marine Holdings rose more than 6%, and Aobo Holdings rose nearly 7%
Technology Network stocks had mixed ups and downs. Bilibili rose more than 5%, Kuaishou fell more than 1%; domestic housing stock trends were mixed; Shimao Group rose more than 7%, and Sunac China fell more than 3%.
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.
Changes in Hong Kong stocks 丨 Shipping and port stocks are booming, and the shipping index has reached a new high +BDI rises six times in a row
Glonghui, May 9 | Shipping and port stocks collectively soared in the Hong Kong stock market. By the close, Yongfeng Group Holdings had risen 31%, COSCO Haifa had risen nearly 16%, COSCO Maritime Control, and Oriental Overseas International had risen more than 6%, Jinhui Group and Pacific Shipping had risen more than 5%, COSCO Marine had risen more than 3%, and China Merchants Port, Sinotrans, and COSCO SHIPPING had risen more than 2%. According to the news, the main contract of the shipping index (European line) surged 12% to a new high. In addition, the Baltic Dry Bulk Index (BDI) rose for six consecutive days, driving the strengthening of shipping port stocks.
Hong Kong Stock Concept Tracking | The main contract of the Shipping Index continues to reach new highs since listing, and the overall situation in the container market is better than last year (with concept stocks)
On May 9, the main contract of the shipping index rose by more than 8%, continuing to reach a new high since listing. Shanghai Waigaoqiao Shipbuilding Co., Ltd., a subsidiary of China Shipbuilding Group, achieved four major nodes, including the delivery of a 7,000 TEU medium container ship, an 8,600 LNG dual-fuel-powered large automobile carrier, and the commencement of construction of two 114,000 ton Afula product tankers, starting a new peak in production in May. Since this year, Waigaoqiao Shipbuilding has delivered a ship in an average of 11.6 days. At the beginning of May, 50% of the annual delivery plan was completed, setting a new record for delivery speed. Huatai Futures pointed out that the escalation of the geographical conflict is compounded by expectations of price increases, and shipping futures are in the short term
Direct impact of changes | Shipping stocks rose across the board, MSC and Dafei announced price increases, and June shipments are expected to be better than May
The Zhitong Finance App learned that shipping stocks were higher across the board. As of press release, Orient Overseas International (00316) rose 4.88% to HK$126.8; COSCO Offshore (01919) rose 4.49% to HK$11.16; COSCO Haifa (02866) rose 4.88% to HK$0.86; and Sinotrans (00598) rose 1.46% to HK$4.18. Fangzheng Mid-Term Futures pointed out that MSC and Dafei were the first to report the June FAK online freight rate, which were far higher than the market price. June is the month of transition of China-Europe shipping routes from low season to high season. As Europe's economy recovers from a low level, China
Express News | COSCO Haifa: It is expected that the container market will enter a stable recovery channel in 2024. The overall situation is better than last year
COSCO Shipping Development's Q1 Profit Climbs 12%
COSCO Shipping Development (HKG:2866, SHA:601866) posted a net profit attributable to shareholders of 446.7 million yuan, or 0.0330 yuan per share, in the first quarter, up 12.2% from 398 million yuan
Selected announcements | BYD's net profit for the first quarter increased by nearly 11% year-on-year; CNPC's profit for the first quarter exceeded 45 billion yuan
ICBC's first quarter revenue fell nearly 3% year on year; Vanke Enterprise's first quarter revenue fell by more than 10% year on year.
Cosco Shipping Development: Increase in Revenue From Container-Manufacturing Business Supported Results >2866.HK
Cosco Shipping Development: Increase in Revenue From Container-Manufacturing Business Supported Results >2866.HK
Cosco Shipping Development 1Q Rev CNY4.94B Vs. CNY3.56B >2866.HK
Cosco Shipping Development 1Q Rev CNY4.94B Vs. CNY3.56B >2866.HK
Cosco Shipping Development 1Q Net CNY446.67M Vs. Net CNY398.03M >2866.HK
Cosco Shipping Development 1Q Net CNY446.67M Vs. Net CNY398.03M >2866.HK
COSCO Haifa (02866) subsidiary launches monetary financial derivatives business
Zhitong Finance App News, COSCO Haifa (02866) announced that in order to properly control interest rates and exchange rate risks, adhere to neutral risk management principles, and develop currency financial derivatives business. The transaction types include interest rate swaps, cross-currency swaps, foreign exchange forwards, etc. The transaction amount for 2024 was 2.1 billion US dollars. The scale of financial derivatives business this year did not exceed the above amount, and did not involve security deposits or royalties. The operating period for the above quota business is from April 29, 2024 to December 31, 2024.
COSCO Haifa (02866) announced first-quarter results, net profit of about 447 million yuan, an increase of 12.22% year-on-year
COSCO Haifa (02866) announced its results for the first quarter of 2024, with revenue of about 4.94 billion yuan, a year-on-year increase...
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