The shipping and port sector strengthened at the beginning of the trading session, with Xiamen Port Authority hitting the daily limit

The shipping and port sector strengthened at the beginning of the trading session, with Xiamen Port Authority hitting the daily limit, followed by gains in Haixia Co., Huaguang Yuanghai, Air China Cargo, Haitong Development, Nanjing Port, and China Merchants Jinling

The cross-strait sector surged at the beginning of the trading session, PINGTAN DEVELOPMENT hit a 4-day limit up

The cross-strait sector surged at the beginning of the trading session, with PINGTAN DEVELOPMENT hitting a 4-day limit up, HXCX rising over 10%, and XMPD, Longzhuzhikeji, FJC, TWH, and Sunrise Group also following suit

Xiamen Port Authority: Third quarter net profit attributable to shareholders was 54.6923 million yuan, a year-on-year decrease of 10.26%

On October 24th, Xiamen Port Authority announced that in the third quarter of 2025, it achieved operating revenue of 6.07 billion yuan, a year-on-year increase of 7.81%; the net profit attributable to shareholders of the listed company was 54.6923 million yuan, a year-on-year decrease of 10.26%; basic earnings per share were 0.0737 yuan. In the first three quarters, it achieved operating revenue of 16.612 billion yuan, a year-on-year decrease of 7.67%; the net profit attributable to shareholders of the listed company was 196 million yuan, a year-on-year increase of 3.12%; basic earnings per share were 0.264 yuan

Xiamen Port Authority: Plans to acquire 70% equity in a terminal company, revision explanation of the restructuring report

Xiamen Port Authority announced that the company plans to issue shares and pay cash to acquire 70% equity of Xiamen Container Terminal Group from Xiamen International Port Authority, and to raise funds from specific targets. On September 26, 2025, the company received an inquiry letter from the Shenzhen Stock Exchange and, after responding with the intermediary institution, revised the restructuring report disclosed on September 23. The main revisions include supplementary explanations, updating the issuance price and other data based on the 2025 semi-annual dividend distribution, supplementing impairment compensation commitments, and addressing measures to resolve industry competition, with no substantial impact on the transaction plan

A-shares of local stocks in Fujian have seen unusual surges, with Pingtan Development hitting the daily limit, while HXCX, XMPD, ZZDC, and others have also surged