No Data
No Data
Quick Look at the Hong Kong Market | The three major Indices have mixed movements, stocks in Biotechnology and Communication Equipment are rising, ZTE soared by 10%, and BEIGENE increased by over 5%.
Network Technology stocks fell, XIAOMI-W rose by 2.90%, NTES-S rose by 2.19%; most Coal Industrial Concept stocks declined, China Shenhua Energy fell by 3.18%, China Coal Energy fell by 1.69%; most Shipping and Ports stocks decreased, COSCO Shipping Holdings fell by 4.75%, OOIL fell by 3.14%;
Hong Kong stock market midday review | The three major Indexes collectively rebounded! Xiaomi and Tencent rose about 2%; Semiconductors stocks continued to rise, Semiconductor Manufacturing International Corporation rose over 4%.
Network Technology stocks weakened, Bilibili-W fell by 3.60%, XIAOMI-W rose by 2.59%; Sporting Goods stocks performed well, ANTA SPORTS increased by 5.32%, TOPSPORTS dropped by 3.44%; Hong Kong Retail Stocks weakened, BOSSINI INT'L rose by 3.81%, PRADA fell by 2.76%;
COSCO SHIP PORT (01199.HK) appointed Chen Shuai as a non-executive Director.
Gelonghui, December 24: COSCO SHIP PORT (01199.HK) announced that due to work arrangements, Zhang Wei has resigned from the position of non-executive Director, effective December 24, 2024. Starting from December 24, 2024, Chen Shuai has been appointed as a non-executive Director.
Market Update︱Shipping stocks rise again, OOIL rises over 8%, shipping companies recently announced a price increase notice for January.
Recently, shipping companies announced a new round of freight rate adjustment plans for January 2025. Companies such as Maersk, CMA, and HMM have successively adjusted rates for some routes.
COSCO Shipping Holdings (01919.HK) has increased its shareholding in COSCO SHP SG by 12% for over 2.1 billion yuan.
COSCO Shipping Holdings (01919.HK) announced the acquisition of a 12% stake in COSCO SHP SG from its controlling Shareholder, COSCO Shipping Holdings, for 2.143 billion yuan. Upon completion, the company will Hold a 19% stake in COSCO SHP SG. This Trade will help the company build an integrated operation system of 'container shipping + ports + related Logistics.'
BOC HONG KONG (02388.HK) and COSCO SHP SG are launching an electronic service platform for cargo container shipping.
BOC HONG KONG (02388.HK) and COSCO SHP SG have collaborated to launch a new container shipping electronic service platform "Port Exchange," achieving real-time cargo account management and fund collection and payment, providing the shipping industry with a safe, efficient, and convenient electronic payment experience, aiding in the digital transformation and upgrade of the shipping industry. BOC HONG KONG stated that by utilizing the latest iGTB API1 and other technologies, it supports the integration of COSCO SHP SG's cargo management system with the bank's platform, allowing COSCO SHP SG to achieve rapid, bulk, automated collection and reconciliation through online channels, significantly enhancing operational efficiency and reducing personnel costs.