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) +0.100 (+0.665%) Short selling $59.33M; Ratio 166.201% .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) -0.160 (-1.053%) 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 2026-04-02 16:25.) (A Shares quote is delayed for at least 15 mins.)
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