On July 19, Port and marine transportation stocks continued to be weak, with Sitc International falling 9% and performing the worst, Sinotrans, China Shipping Development, and Qingdao Port falling more than 3%, and Pacific Basin dropping nearly 3%. In terms of news, the Block Orders index (Europe) main contract fell during the day, now at 3,630 points, a drop of nearly 10%. In addition, in mid-July, marine transportation fees saw a turning point, and the overall shipping market experienced a correction. The new period Shanghai Export Container Comprehensive Freight Index (SCFI) ended its 13-week consecutive rise.
港股异动丨港口及海运股大跌 海丰国际跌9% 集运回调、海运费迎拐点
Hong Kong stocks fluctuate | Port and marine transportation stocks plummet, sitc falls 9%, logistics transportation adjusts, marine transportation fees usher in inflection point.
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