Marine Transportation(IN40231.SH)

Morgan Stanley: Focus on supply-side opportunities in the aviation, shipping, and express delivery industries, urging to "overweight" three major airline stocks

Morgan Stanley released a research report focusing on supply-side opportunities in the aviation, shipping, and express delivery industries, believing that market opportunities outweigh risks. It assigned an "Overweight" rating to Air China, China Eastern Airlines, China Southern Airlines, and Spring Airlines, with target prices of HKD 8.11, HKD 4.31, RMB 5.33, and RMB 62.4, respectively. In the shipping sector, it maintained a "Underweight" rating for COSCO Shipping Holdings and Orient Overseas, while giving an "Overweight" rating to COSCO SHIPPING Energy and China Merchants Energy Shipping. In the express delivery industry, it expects ZTO Express and YTO to gain more market share, assigning an "Overweight" rating

COSCO SHIP HOLD invested nearly 16.8 billion RMB to build 12 container ships

COSCO SHIP HOLD announced that it has ordered 12 units of 18,000 TEU LNG dual-fuel container ships from independent third parties Jiangnan Shipyard and China Shipbuilding Industry, with a total price of RMB 16.788 billion (approximately HKD 18.671 billion), to be funded through internal resources and financing. The vessels are expected to be delivered between 2028 and 2029

Morning Trend | COSCO Ship Hold (1919.HK) Freight Rates Rebound, Sector Prosperity Turning Point Awaiting Confirmation

On December 23rd, COSCO Ship Hold (1919.HK) maintained a sideways oscillation pattern throughout the day. The flow of funds in the market was stable, with the core driving force being the recent rebound in container shipping prices, leading to a new round of industry prosperity expectations. The global logistics chain is gradually recovering, alleviating supply tightness, and the short-term increase in freight rates has effectively stimulated market sentiment in the shipping sector. In terms of actual market performance, the company's stock price has gently risen along with the favorable freight rates, with no significant surge in active buying but stable support. The main structure is in a gradual upward phase, with fund rotation primarily focused on observation, and has not yet significantly broken through previous highs. The technical aspect shows stable trading volume, with prices approaching resistance zones. The year-end export logistics peak season adds to the sector's theme, and the release of logistics orders has become a focal point for institutions going forward. If shipping prices fall due to market fluctuations, or if funds turn cautious and adopt a wait-and-see approach, the stock price may easily face a rapid adjustment in the short term. Overall, current mainstream funds are focusing on opportunities that resonate with policies and industry trends, while individual stock movements dynamically adjust according to freight rate fluctuations and changes in trading volume. In terms of operational strategy, investors should closely observe the funding logic around the core support zone and previous high resistance zone, and avoid chasing prices easily when trading volume is not supportive. Attention should be paid to news and policy developments; if large orders are released within the industry and signs of continued global economic recovery emerge, shipping stocks are expected to welcome a new round of market activity. However, risk control must be balanced with trend following to prevent a sudden cooling of short-term bullish sentiment due to delays in the prosperity turning point

The three major A-share indices collectively closed higher, with the Shanghai Composite Index returning to 3,900 points

36Kr learned that the three major indices of A-shares collectively closed higher, with the Shanghai Composite Index rising 0.69% to return to 3,900 points, the Shenzhen Component Index rising 1.47%, and the ChiNext Index rising 2.23%; the Hainan Free Trade Port concept led the gains, with China Duty Free Group, HAIQI, HNSS, and other stocks hitting the daily limit; the semiconductor and optical module concepts strengthened, with Piotech rising over 10%, and Zhongji Xuchuang and Dongshan Precision rising over 8%; the SPD and ice and snow tourism concepts saw significant declines, with Huaren Health falling over 9%, HeFu China dropping nearly 9%, and Iceberg Cold and Hot falling over 2%

The Hainan Free Trade Zone sector continues to surge, with HAIQI hitting a two-day limit up, and Caesar Travel, HDCM, HNSS, Hainan Ruize, HAINAN RUBBER GROUP, and HEC all rising over 5%