Cosco Shipping Holdings (01919) rose more than 3%. As of the end of the article, it rose 3.35% to HKD 13.58, with a turnover of HKD 110 million.

Morgan Stanley released a research report stating that due to tight supply, the rising cycle of oil tankers in the next 1 to 2 years is still very optimistic. If the Red Sea disturbance continues, the rise in container spot freight rates may continue until summer, but the problem of oversupply still remains a concern.

Founder's research report indicates that the value of the shipping leader remains bullish in the short, medium, and long term. In the short term, the profitability, scale/network effects, and freight rates of Cosco Shipping Holdings are globally leading, and the unexpectedly high freight rates significantly boost its profit elasticity and dividend yield. In the medium and long term, the 'pattern of shipping rates to the bottom' has been repeatedly verified, coupled with interest income and investment income, the profit center has support, and the valuation has a lot of room for repair from the lowest level during the normal period before the pandemic.