JPCSHIP@EC2603A

Oung Paul Increases Holdings in COSCO SHIPPING Energy Transportation by 2.2 Million Shares

Goldman Sachs Raises Forecast and Target Price for COSCO Energy Transportation

China Shipping Energy Transportation Co., Ltd. Increases Registered Capital by About 15%

COSCO SHIPPING Energy Rents Large Gas Ships and Adjusts LNG Vessel Construction Funding

China COSCO Shipping Energy Shipping Raised Funds from A-Share Issuance for LNG Vessel Construction

COSCO Shipping Energy Shipping to Build Two MR Product/Oil Tankers

Guotai Junan Securities Forecasts CYHH's Future Profits to Reach New Highs

BlackRock 增持中远海能 31,831,956 股

Morgan Stanley Predicts China Shipping Energy Stock to Rise in the Next 30 Days

Cosco Shipping Energy Disposes Vessels and Secures Acquisition Loan

Cosco Shipping Energy Transportation Plans To Use Idle Raising Fund For Cash Management Up To RMB 70 Billion

China LNG Shipping Orders Construction of 19 Vessels

China Shipping Energy signs shipbuilding contract

COSCO Shipping Energy Uses Raised Funds to Replace Pre-invested Amounts and Paid Issuance Fees

Huayuan Securities Gives 'Buy' Rating to COSCO Shipping Energy Transportation in Report

Huayuan Securities Research Report Gives Buy Rating to COSCO Shipping Energy Transportation

China National Offshore Oil Corporation Announces Third Quarter Net Profit Growth of 4.4%

Cosco Shipping Energy Transportation Leases 6 VLCCs

HSBC Upgrades COSCO SHIPPING Energy Transportation A-Share Rating to Hold

STARCOIN GROUP

AE LOGISTICS

GUANZE MEDICAL

WATER INDUSTRY

ZHONGSHI MINAN

IDT INT'L

HAIZHI TECH GP

MANY IDEA CLOUD

FIRST CAP GP

XL2CSOPCOIN-U

02582

02570

03668

01171

01030

00517

09980

01918

01115

01138

GUOFUHEE(02582) rose 18.76%, with a trading turnover 501.3 Million HKD, and a year-to-date rose 28%. REFIRE(02570) rose 12.09%, with a trading turnover 291.3 Million HKD, and a year-to-date fell 20.3%. YANCOAL AUS(03668) rose 11.05%, with a trading turnover 246.7 Million HKD, and a year-to-date rose 36.5%.

Top Gainers & Losers

GUOFUHEE

REFIRE

YANCOAL AUS

YANKUANG ENERGY

SEAZEN

COSCO SHIP INTL

EASTROC

Sunac China

5100 XIZANG

COSCO SHIP ENGY

Top 10 HK Stock Gainers (2.4)

600026

Goldman Sachs report points out that COSCO SHIPPING Energy benefits from the rise in international freight rates, with the target price raised by 48% to HKD 16. Analysts believe that the exit of the shadow fleet and sanctioned vessels will lead to effective capacity being lower than market expectations, providing further room for freight rate increases. If sanctions are lifted, the capacity of the shadow fleet may accelerate its exit. Net profit forecasts for 2026 and 2027 have been raised by 11% and 12% respectively, maintaining a "Buy" rating

AASTOCKS

COSCO SHIPPING Energy

Goldman Sachs raises COSCO SHIPPING Energy's target price by 48% to 16 yuan, expecting upward potential in freight rates

00700

01024

01357

00670

As of noon, all three major indices of the Hong Kong stock market are down, with the Hang Seng Index falling by 0.41%, the Hang Seng Tech Index declining by 2.2%, and the National Enterprises Index weakening. Sectors such as internet content and information, retailers, and hardware storage are under collective pressure, with leading funds active but generally declining. Tencent Holdings fell by 3.36%, Xiaomi Group -W dropped by 2.60%, Alibaba -W decreased by 0.93%, and Meitu Inc. plummeted by 12.10%. Overall market sentiment is cautious, with technology and consumption under pressure, leading to a divergence in fund preferences. JunDa Co., Ltd. had high trading volume and rose by 8.27%, becoming a highlight of the market

- As of midday, the Hang Seng Index decreased by 0.41% to 26,724.94 points, while the Hang Seng Tech Index dropped 2.19% to 5,347.3 points.  
- Major sectors faced declines, particularly in internet content, with Tencent Holdings falling 3.36%, reflecting market concerns over regulatory pressures on WeChat’s ecosystem.  
- Some stocks, such as Yancoal Energy, rose significantly due to the global commodity price recovery, showcasing selective market resilience amidst overall caution.

Market Heartbeat

TENCENT

KUAISHOU-W

MEITU

BABA-W

JD-SW

MNSO

XIAOMI-W

LENOVO GROUP

LONGCHEER

CHINA EAST AIR

SMIC

MEITUAN

Hong Kong Stock Midday Review | Hang Seng Index down 0.41%, technology sector leads the decline, JunDa Holdings rises 8.27% against the trend

00HSI

00772

07300

In the Hong Kong stock market, the three major indices collectively weakened. The Hang Seng Index fell slightly by 0.26%, the Hang Seng TECH Index dropped by 1.87%, and the National Enterprises Index decreased by 0.35%. There was significant sector differentiation, with the internet content and information sector rising slightly; leading company Tencent Holdings increased by 1.2%, and CHINA LIT rose against the trend, boosting the sector's atmosphere, with some funds flowing into leading tech stocks. The hardware, storage, and peripherals sectors performed steadily, with BYD ELECTRONIC rising by 2.1%. The energy and hydrogen energy sectors experienced significant fluctuations, with stocks like Yanzhou Coal Mining, Guofu Hydrogen Energy, and Longguang Group showing strength. The market exhibited clear structural opportunities and a preference for growth sectors, while remaining sensitive to macro liquidity and the RMB exchange rate, resulting in high short-term market volatility

- The Hong Kong stock market is displaying overall weakness, with the Hang Seng Index down 0.26% to 26,765.35 points, and the Hang Seng Technology Index falling 1.87%.  
- Notable declines are observed in major tech and retail stocks, including Tencent, Alibaba, and Xiaomi, attributed to market concerns regarding economic recovery and potential tax increases on gaming revenues.  
- Contrarily, certain stocks like Yancoal Energy and China Cosco Shipping are seeing significant gains, driven by favorable market conditions and heightened investor interest in the energy and shipping sectors.

Hang Seng Index

CHINA LIT

FI CSOP HSI

BYD ELECTRONIC

FL2 CSOP HSI

Hang Seng TECH Index

LOGAN GROUP

JINGCHENG MAC

YOFC

Tencent Holdings Limited

BYD COMPANY

Tencent

Hong Kong Stock Market Update | The Hang Seng Index is weak, and the Technology Index has seen consecutive significant declines, with mainland internet companies under collective pressure

COSCO SHIPPING Energy announced that it will inject an additional USD 340 million into its wholly-owned subsidiary Shanghai LNG for the investment and construction of two LNG vessel projects

COSCO SHIPPING Energy adds USD 340 million to its subsidiary Shanghai LNG

Cosco Shipping Energy Transportation to inject additional $340.3 million into unit

marketscreener

Cosco Shipping Energy Transportation to inject additional $340.3 million into unit

COSCO SHIPPING Energy Transportation Co. announced that all resolutions at its extraordinary general meeting on January 27, 2026, were approved by poll. Due to significant shareholdings, COSCO SHIPPING and its subsidiary abstained from voting on related resolutions, with about 699 million shares represented, reflecting a 12.8% participation rate. All directors attended, and the voting was overseen by an independent scrutineer. The latest analyst rating for the stock (HK:1138) is a Buy with a price target of HK$15.00. The company focuses on energy transportation and is part of the COSCO SHIPPING group.

Tip Ranks

COSCO SHIPPING Energy Secures Shareholder Approval for All EGM Resolutions

600233

601021

601872

601919

01919

02057

Morgan Stanley released a research report focusing on supply-side opportunities in the aviation, shipping, and express delivery industries, believing that market opportunities outweigh risks. It assigned an "Overweight" rating to Air China, China Eastern Airlines, China Southern Airlines, and Spring Airlines, with target prices of HKD 8.11, HKD 4.31, RMB 5.33, and RMB 62.4, respectively. In the shipping sector, it maintained a "Underweight" rating for COSCO Shipping Holdings and Orient Overseas, while giving an "Overweight" rating to COSCO SHIPPING Energy and China Merchants Energy Shipping. In the express delivery industry, it expects ZTO Express and YTO to gain more market share, assigning an "Overweight" rating

CMES

Cosco Ship Hold

COSCO SHIP HOLD

ZTO Express

ZTO EXPRESS-W

Morgan Stanley: Focus on supply-side opportunities in the aviation, shipping, and express delivery industries, urging to "overweight" three major airline stocks

601111

00753

600115

01199

Goldman Sachs released a research report, adjusting the investment ratings and target prices for airline, shipping, and port stocks. Air China, China Eastern Airlines, China Southern Airlines, COSCO SHIPPING Energy, and COSCO SHIP PORT were rated as "Buy," with target prices raised to HKD 8.2, 5.1, 5.8, 10.8, and 6.8 respectively. China Merchants Port maintained a "Neutral" rating, with the target price raised to HKD 15.7. COSCO SHIPPING Holdings' rating was downgraded from "Neutral" to "Sell," with the target price lowered to HKD 10.4. Meilan International Airport maintained a "Sell" rating, with the target price raised to HKD 8.4

Air China

AIR CHINA

COSCO SHIP PORT

Goldman Sachs' Investment Ratings and Target Prices for Airlines, Shipping, and Port Stocks (Table)

JP Morgan has lowered the target price for COSCO SHIPPING Energy's H shares from HKD 13 to HKD 12, maintaining an "Overweight" rating. Despite market concerns about the fading shipping disruptions, it is expected that crude oil tanker earnings will remain resilient next year, suggesting buying at low levels. Global tanker capacity and demand growth are limited, with tight supply, especially for very large tankers. Geopolitical friction and sanctions on vessels from specific countries have also increased transportation demand

Morgan Stanley slightly lowered the target price for COSCO SHIPPING Energy to 12 yuan, expecting that next year's supply tightness will support profitability

COSCO SHIPPING Energy announced plans to invest in the construction of multiple types of clean fuel vessels, ordering one 9,000 cubic meter LNG dual-fuel ethylene carrier and a total of eighteen oil tankers from related parties Dalian COSCO Shipping Heavy Industry, Yangzhou COSCO Shipping Heavy Industry, and Guangdong COSCO Shipping Heavy Industry, with a total cost of 7.882 billion RMB, to be funded through internal resources and external financing

COSCO SHIPPING Energy has newly built 19 vessels at a total price of 7.88 billion RMB

JPCSHIP@EC2603A(20956.HK)

Top 10 HK Stock Gainers (2.4)

Goldman Sachs raises COSCO SHIPPING Energy's target price by 48% to 16 yuan, expecting upward potential in freight rates

Hong Kong Stock Midday Review | Hang Seng Index down 0.41%, technology sector leads the decline, JunDa Holdings rises 8.27% against the trend

Hong Kong Stock Market Update | The Hang Seng Index is weak, and the Technology Index has seen consecutive significant declines, with mainland internet companies under collective pressure

COSCO SHIPPING Energy adds USD 340 million to its subsidiary Shanghai LNG