The Zhitong Finance App learned that Daiwa released a research report saying that maintaining the “buy” rating of Haifeng International (01308), it is expected to pay a special dividend this year, and will lower the earnings per share measurement by 6% from 2023 to 25. The target price will be lowered from HK$22 to HK$20.

The report said that due to the reallocation of carrying capacity, even though freight rates on some Asia-Pacific routes have recently recovered, freight rates in this market are still weak from the beginning of the year; company management expects that due to the low base, the next quarter's cargo volume will rise quarterly, and believes that the freight volume in the second half of the year will improve compared to the first half of the year, mainly supported by the traditional peak season. However, the peak season in the Asia-Pacific region may return to the peak season for trans-Pacific routes from July to August.