A surge of more than 15% in the main contract of China's Containerized Freight Index (Europe Route) futures shored up Chinese shipping stocks, Chinese media reported.PACIFIC BASIN (02343.HK) +0.020 (+1.058%) Short selling $4.35M; Ratio 18.654% soared by 6.7% to HKD1.92. SITC (01308.HK) +0.750 (+3.275%) Short selling $6.35M; Ratio 8.037% was hyped up by 6.5%. OOIL (00316.HK) +2.800 (+2.091%) Short selling $11.38M; Ratio 7.105% ballooned by 4.3%. COSCO SHIP HOLD (01919.HK) 0.000 (0.000%) Short selling $30.00M; Ratio 8.480% increased by 2.8%.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-16 12:25.)Related NewsHSBC Research Projects Earlier-than-usual Peak Season, Hikes TPs on COSCO SHIP HOLD & OOIL