--- title: "COSCO Shipping Energy (1138.HK) plunged over 8% intraday" type: "News" locale: "en" url: "https://longbridge.com/en/news/285890633.md" description: "COSCO SHIPPING Energy (1138.HK) current price is 19.090, down 8.13% for the day, with an intraday decline exceeding -8%, and a market capitalization of 104 billion. As a leader in energy transportation, COSCO SHIPPING Energy experienced a significant drop during the trading session, and news of asset integration and acquisitions from the parent company did not provide noticeable support. DBS Bank previously assigned a buy rating, but market sentiment remains cautious in the short term" datetime: "2026-05-11T06:23:18.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/285890633.md) - [en](https://longbridge.com/en/news/285890633.md) - [zh-HK](https://longbridge.com/zh-HK/news/285890633.md) --- # COSCO Shipping Energy (1138.HK) plunged over 8% intraday COSCO Shipping Energy (1138.HK) traded at HK$19.090, down **\-8.13%** intraday, with the drop exceeding -8%. Market cap stands at HK$104 billion. As a leading energy shipping firm, COSCO Shipping Energy saw significant declines amid news of parent asset integration and acquisition. Despite DBS Bank’s recent ‘Buy’ rating, investor sentiment remains cautious. ### Related Stocks - [01138.HK](https://longbridge.com/en/quote/01138.HK.md) - [600026.CN](https://longbridge.com/en/quote/600026.CN.md) - [D05.SG](https://longbridge.com/en/quote/D05.SG.md) ## Related News & Research - [COSCO SHIPPING Energy Schedules Board Meeting to Approve Q1 2026 Results](https://longbridge.com/en/news/282934049.md) - [COSCO SHIPPING Energy Confirms First Option Exercise Window and Adjusts 2023 Incentive Scheme](https://longbridge.com/en/news/282907041.md) - [ZAWYA: Sustainability Forum Middle East to convene high-level roundtable on accelerating energy efficiency in bahrain](https://longbridge.com/en/news/286901878.md) - [COSCO SHIPPING Energy Orders Two Panamax Crude Oil Tankers in Connected Deal](https://longbridge.com/en/news/282933809.md) - [ZAWYA: Energy Development Oman raises additional funding in the international capital markets](https://longbridge.com/en/news/286757157.md)