Lexiang Logistics (02490): Wu Xiwei appointed as Joint Company Secretary.
Lecong Logistics (02490) announced that He Yanqun resigned as the company's joint company secretary and Hong Kong Stock Exchange ...
Hong Kong stocks fluctuate | Lechang Logistics rose by about 7.6%, reaching a new high. It has risen more than 440% cumulatively so far this year.
On June 21st, Gelunhui reported that Lokson Logistics (2490.HK) rose by about 7.6%, reaching HK$29, a historical high; the stock has risen by more than 440% this year. On the news side, the main contract of the shipping index (Europe line) rose more than 6% to nearly 5,300 points yesterday, and opened more than 2% higher today. In addition, Danish shipping giant Maersk announced earlier that it will raise prices on the Asia-Europe route its Freight of All Kinds (FAK) will increase to $5,000 per 20-foot standard container (TEU) and $9,000 per 40-foot standard container (FEU) starting from July 1.
HK stock market anomaly: Lecong Logistics rose about 8%. Institutions suggest that the short-term freight rates will fall, but the medium-term upward trend remains unchanged.
On June 18, Global Information reported that Lechuang Logistics (2490.HK) rose by about 8%, to HK$25, with a turnover of about HK$2 million. According to a research report released by gtja, the global oil transportation trade has been restructured, and the bottleneck of oil tanker supply is highlighted. The capacity utilization rate of the oil transportation market has been increased to near or above the threshold. It is expected that the supply and demand will continue to be good in the next few years, and the business will rise more than expected. It should be strategically valued. The off-season in the first half of 2024 is not weak, which will catalyze the optimistic expectations of the market. The recent change in oil price expectations has affected the pace of trade, and the short-term freight rate decline does not change the medium-term upward trend. The marginal impact of Middle East production reduction will weaken in the second half of the year, and the supply will
GTJA: Differentiated market impact on shipping, short-term freight rates fall without changing the medium-term upward trend.
The recent expected changes in oil prices are affecting trade pace. The short-term freight rates are expected to fall temporarily but the medium-term trend is still upward. In the second half of the year, the marginal impact of Middle East production cuts will weaken, and the rigidity of supply during the peak season will be highlighted. The economy is expected to improve and performance is expected to grow.
Midday Overview | Hong Kong's three major indices weakened, with the technology index falling by nearly 1%; Port and shipping stocks rose against the trend, with Cosco Ship Port up nearly 5%.
Wind power stocks rose, China Longyuan Power surged more than 4%, Huadian International Power's stock rose nearly 4%; Coal industrial concept made progress, Kinetic dev rose more than 5%, China Coal Energy and E-commodities both rose more than 2%.
Hong Kong stock concept tracking | Overseas warehouse demand will continue to grow, supporting the accelerated development of cross-border e-commerce (including concept stocks).
On June 11, the Ministry of Commerce and nine other departments issued the "Opinions on Expanding Cross-border E-commerce Export and Promoting the Construction of Overseas Warehouses" according to the information obtained from the Wise Finance and Economics APP.
Did news of the ceasefire in Gaza push down shipping shares? Shipping prices are still high, and the market fundamentals have not changed.
Today, the maritime shipping stocks and the shipping index (European line) futures contracts for the far month tumbled sharply. Some analysts told Caixin reporters that the sharp decline was mainly due to the emotional impact of the so-called "Gaza Ceasefire" news, and there was no significant change in the short-term fundamentals.
What happened? Hong Kong shipping stocks collectively fell, with cosco shipping holdings dropping more than 13%.
Why did the shipping index fall sharply in a single day? How do the institutions view this resolution?
GDP growth exceeds expectations again? Hong Kong stocks' shipping concept has been strong for several days, and institutions say that July freight rates may continue to increase.
Benefited by the bullish news such as the congestion in major ports and the upward adjustment of performance expectations of leading shipping companies, shipping concept stocks in A-shares and Hong Kong stocks have continued to strengthen recently, with the leading cosco shipping holdings' ah stocks also hitting new highs at the same time.
Shipping stocks are rapidly surging! The crisis in the Red Sea has triggered soaring freight rates, and these concept stocks have already doubled in value this year.
In May, the index for block orders (European line) continued to rise, with a cumulative increase of more than 40% throughout the month, and multiple times refreshing historical highs.
The Red Sea is all to blame for the epic “Big Boat Jams”!
The diversion of merchant shipping caused by the Red Sea crisis is triggering a “butterfly effect” around the world. The average shortest transit time from Asia to the Mediterranean has increased by nearly 40%, leading to congestion at major Asian ports such as Singapore, and a drop in the punctuality rate of container ships. The chain effect is also affecting air freight prices.
Changes in Hong Kong stocks | Lexin Logistics (02490) rose more than 6%, cross-border e-commerce welcomed favorable policies, institutions are optimistic about individual cross-border logistics stocks to achieve performance growth
Levin Logistics (02490) rose more than 6%. As of press release, it rose 6.37% to HK$20.55, with a turnover of HK$2.165,500.
Cross-border e-commerce exports welcome significant benefits! Which Hong Kong and US stocks are expected to benefit?
Recently, the Executive Meeting of the State Council reviewed and approved “Opinions on Expanding Cross-border E-commerce Exports and Promoting Overseas Warehouse Construction”. The conference pointed out that developing new forms of foreign trade, such as cross-border e-commerce and overseas warehouses, is conducive to promoting the optimization of foreign trade structure and scale stability, and to creating new advantages in international economic cooperation.
Express News | Shipping prices change once a week, and the shipping supply and demand pattern is expected to reverse in the fourth quarter
The world's third-largest shipping giant: shipping prices are expected to cool down in the second half of the year
① Under the influence of the intensification of the Red Sea crisis and the recovery in European consumer demand, global shipping pressure has continued to rise recently, and the world's leading shipping companies have recently raised freight rates; ② The world's third-largest container shipping company, France's Dafei Shipping Company, predicts that as new ship deliveries accelerate, global shipping capacity will be boosted, and shipping freight rates are expected to decline in the future.
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.
Go crazy! Is “Lord of the Cycles” coming back?
Lottery becomes a high-yield stock
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?
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