According to the Wise Finance app, shipping stocks continued to rebound recently. As of the time of publication, Cosco Ship Hold (01919) rose by 5.34% to HKD 11.06; Sinotrans (00598) rose by 4.88% to HKD 3.44; Voyah International (00316) rose by 2.31% to HKD 99.55; SITC International (01308) rose by 3.08% to HKD 19.44.
On the news front, on September 18th, the Federal Reserve announced a 50 basis point cut in the federal funds rate target range to a level between 4.75% and 5.00%, marking the first rate cut by the Fed in four years. Zhongtai Futures previously pointed out that central banks in many countries around the world have cut interest rates again, and the Fed may start a rate-cutting cycle in September. Expectations of macro liquidity replenishment may boost international trade.
Guotai Junan Securities pointed out that the current Israeli-Palestinian negotiations are deadlocked, and unexpected geopolitical events are expected to boost sentiment in the shipping market. Negotiations between the North American dockworkers' union and the American Maritime Alliance have progressed slowly, with Maersk issuing a warning of increased strike possibilities. In addition, ports in Australia, Canada, India, and other places are also facing strike risks. Strikes will disrupt the global supply chain, affecting the effective capacity of shipping, and it is recommended to pay attention to the constraints of geopolitical events and strike risks on the supply side of shipping

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Cosco Ship Hold's stock price rose by 5.34%, leading the shipping stocks, closing at HKD 11.06. Other shipping stocks such as Sinotrans, Orient Overseas International, and SITC also experienced varying degrees of increase. The Federal Reserve announced a 50 basis point rate cut, which may boost international trade. Analysts point out that geopolitical events and strike risks may affect the shipping supply side, so it is necessary to pay attention to relevant developments

- Shipping stocks continued to rebound recently, with China COSCO Shipping (01919) up by 5.34% to HK$11.06, China Merchants Energy Shipping (00598) up by 4.88% to HK$3.44, Orient Overseas International (00316) up by 2.31% to HK$99.55, and Sinotrans Shipping (01308) up by 3.08% to HK$19.44. The Federal Reserve announced a 50 basis point cut in the federal funds rate target range to between 4.75% and 5.00% on September 18, marking its first rate cut in four years. Geopolitical events like stalled Israel-Palestine negotiations and potential strikes in various ports globally could disrupt shipping supply chains, impacting shipping capacity.
- The Federal Reserve's rate cut signals a potential boost to international trade expectations, with many central banks globally also cutting rates. Geopolitical tensions and labor disputes in key ports like North America and Australia pose risks to the shipping industry, affecting global supply chains and shipping capacity. It is advised to monitor how geopolitical events and labor strikes may constrain shipping supply in the future.

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Understanding the Market | Cosco Ship Hold rises more than 5%, leading the shipping stocks. Central banks around the world cutting interest rates may boost international trade, while multiple disturbances affect the supply side of shipping