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| HSI1 | 24,498.95 | -18.81 | 236.41B |
| HSCEI1 | 8,853.10 | -8.29 | 74.68B |
| Back Zoom + Zoom - Block Traded | |
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2025-07-17 09:37:18 BofA Securities, in its report, indicated a shift to a negative outlook on container shipping, with rates and profits expected to drift lower in 4Q25-1H26. The broker downgraded COSCO SHIP HOLD (01919.HK) from Neutral to Underperform, reducing the target price from HK$14.7 to HK$11.5, and lowered the 2025-27 EPS estimates by an average of 12%. The broker maintained its Underperform rating for Evergreen Marine (2603.TT) and OOIL (00316.HK), who are most vulnerable to normalizing long-haul markets, cutting the target price for OOIL from HK$115 to HK$100. Meanwhile, it downgraded SITC (01308.HK) from Buy to Neutral, anticipating pressure on intra-Asia freight rates, with a target price of HK$27. ~ AASTOCKS Financial News Website: www.aastocks.com | |