The Zhitong Finance App learned that Daiwa released a research report saying that by giving China Merchants Port (00144) a “buy” rating, the company's total throughput for the first seven months of 2023 increased 0.4% year-on-year. Among them, Chinese ports rose 1% and international ports fell 1.4%.
In July alone, the company's throughput increased slightly by 0.4% year on year, with Chinese port throughput rising 0.1% and international port throughput rising 1.1%. In terms of domestic ports, in July, Yangtze River Delta throughput fell 2.4% year on year, and SIPG fell 2.4% year on year, but ports in the Bohai Rim region increased 4.6% year on year; in terms of international ports, Colombo's container terminal (CICT) throughput fell 1.7% year on year, and Kumport (Kumport) throughput rose 26% year on year.