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How are the operations of state-controlled listed companies in Shanghai progressing? What are their future development strategies? This collective earnings meeting provides answers.
① At the earnings conference, investors and analysts showed significant interest in the progress of emerging businesses such as AI computing centers and solid-state batteries by relevant listed companies. ② Many Shanghai state-controlled listed companies provided updates to investors on the latest developments regarding their 'going global' initiatives.
A-share Market Movement: Shipping Stocks Rise Collectively, with COSCO Shipping Up More Than 7%
Gelonghui, May 8 | Shipping stocks in the A-share market collectively rose. By midday closing, COSCO Shipping Development surged over 13%, China Merchants Energy Shipping increased by more than 7%, Haitong Development rose over 5%, COSCO Shipping Energy climbed 4%, China Merchants Nan You gained over 3%, while Phoenix Shipping, Shenghang Co., Ltd., and Jinjiang Shipping all increased by over 2%. Regarding recent developments, the ongoing turmoil in the Middle East continues to escalate tensions. On May 7 local time, the US Central Command issued a statement indicating that a US Navy missile destroyer fleet, while traversing the Strait of Hormuz towards the Gulf of Oman, intercepted an unprovoked attack initiated by Iran and immediately took defensive countermeasures. In the early hours of May 8 local time, Iran’s armed forces…
Huachuang Securities: In Q1 of 2026, the growth rates of oil transportation, bulk shipping, and shipbuilding performance were remarkable, while container shipping dividend yields remained attractive.
The demand for replacement and renewal of oil tankers and bulk carriers is expected to drive the release of shipbuilding demand.
Jinjiang Shipping (601083): Q1 2026 Commentary - Carried Container Volume Increases by 13.58%, Continues to Expand into Southeast Asian Markets
Key investment highlights: Event: Jinjiang Shipping released its Q1 2026 report. In the first quarter, the company achieved operating revenue of 1.732 billion yuan, representing a year-on-year increase of 3.97%; net profit attributable to shareholders was 335 million yuan, down 6.02% year-on-year; non-recurring
Jinjiang Shipping: Jinjiang Shipping\'s First-Quarter Report for 2026
Jinjiang Shipping First Quarter Report for 2026