According to the WiseNews app, Cosco Shipping Holdings (01919) fell more than 4% again. As of press time, it fell 3.85% to HKD 13, with a turnover of HKD 119 million.

On the news front, Maersk raised its July fares on the Eurasian route, exceeding market expectations. Haitong Futures pointed out that in terms of spot freight rates, the market's willingness to accept has continued to rise from around $6,200 in early June to around $7,000 currently, with tight spot space being the core driver supporting spot freight rates. The August contract will follow the current carrier price increases with an observation on the landing of price increases and the realization of the actual peak season in August. The bank also noted that with the upward movement of the central price in the near future, the far-month contract has been revised upward, but uncertainty risks still need to be taken into account. The possibility of a unilateral upward trend in freight rates will be limited under the background of the recurring 21-year supply chain crisis. Under the background of the peak demand turning back, the far-month contract also faces greater adjustment pressure, while the 25-year contract is still facing geopolitical drag.

At the same time, the bank also pointed out that the later-month contract has been adjusted upward as the central price of the near-term contract has moved upward, but it still needs to pay attention to uncertainty risks. The possibility of a unilateral rise in freight rates is limited under the background of the recurring 21-year supply chain crisis. Under the background of the peak demand turning back, the far-month contract also faces greater adjustment pressure, while the 25-year contract is still facing geopolitical drag.