The Zhitong Finance App learned that CICC released a research report stating that it maintains COSCO Marine Holdings (01919)'s “outperforming the industry” rating, assuming that H shares correspond to an 8.2% dividend rate with a 50% dividend rate. Considering that supply and demand may still be under pressure after 2025, the target price for H shares was raised 15% to HK$11.5.

According to the report, the company's first-quarter results are in line with this forecast. Off-season freight rates have risen, the certainty of the company's profits and dividends has increased, the dividend ratio is expected to improve compared to previous expectations, and the company has plenty of cash on its books, showing investment value. Furthermore, due to the recent rise in freight rates, the bank raised its earnings forecast by 49% to RMB 22.1 billion this year, and by 15.7% to RMB 15.3 billion in 2025.