Global EditionASIA 中文双语Français
China Daily / 2021-04 / 08 / Page013

Better outlook buoys shipping shares

By ZHONG NAN | China Daily | Updated: 2021-04-08 00:00

Boosted by China's growing trade volume in the first quarter of this year and the world's surging demand for shipping services, the stock index of China's shipping-related businesses rose 7 percent on Wednesday, while the benchmark Shanghai Composite Index dropped 0.1 percent to close at 3479.63 points.

Share prices of shipping companies COSCO Shipping Holdings Co Ltd and COSCO Shipping Specialized Carriers Co Ltd hit the daily ceiling of 10 percent to 16.15 yuan ($2.47) and 4.28 yuan, respectively, in the A-share market, according to market tracker Wind Info.

China Merchants Energy Shipping Co Ltd and COSCO Shipping Energy Transportation Co Ltd rose by 8.17 percent to 5.56 yuan and 8.86 percent to 7 yuan, respectively.

Report cites rights progress in Tibet

Most Viewed

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349