You are browsing the Hong Kong website, Regulated by Hong Kong SFC (CE number: BJA907). Investment is risky and you must be cautious when entering the market.
Market News

Market News

HomeMarket NewsDetails

Excess supply of Maersk shipping OOCL (00316.HK) initially frustrated by more than 6%

阿思達克 02-09 09:39
Danish shipping giant Maersk plunged 14.7%, warning of great uncertainty caused by disruptions in the Red Sea waterway. Due to a glut of container ships, EBITDA is expected to range from $1 billion to $6 billion this year, down from $9.6 billion last year. Hong Kong shipping stocks followed the pressure, with Orient overseas (00316.HK) falling even more after opening 0.8% lower today (9). It is now trading at RMB108, down 6.33%. Haifeng International (01308.HK) is now trading at 13.04 yuan, down 4.26%. COSCO Marine Holdings (01919.HK) is now trading at 7.92 yuan, down 4.12%. Cosco Marine Energy (01138.HK) is now trading at 6.24 yuan, down 3.11%. Pacific Shipping (02343.HK) is now at 2.14 yuan, down 2.73%.