UBS stated that the recent surprising move by China and the US to suspend mutual port service fees for a year is expected to ultimately lead to a complete cancellation of these fees, slightly favoring COSCO SHIP HOLD (01919.HK) +0.150 (+1.007%) Short selling $55.06M; Ratio 18.593% .Although the reopening of the Red Sea may pose a downside risk to freight rates, UBS believed that the group's strong cash position (equivalent to 70% of market cap) and robust dividend payout can support the stock price.UBS raised its EPS forecast for 2025-27 by 5-66%. It upgraded COSCO SHIPPING (601919.SH) +0.090 (+0.600%) to Neutral, raising the target price from RMB11.2 to RMB15.4. (HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-03-31 16:25.) (A Shares quote is delayed for at least 15 mins.)