The Zhitong Finance App learned that J.P. Morgan Chase released a research report stating that it raised the Pacific Shipping (02343.HK) target price by 13.2% from HK$3.8 to HK$4.3, reaffirming the “gain” rating. Pacific Shipping's performance for the first half of 2026 far exceeded expectations. Net profit after tax reached US$105 million (up 310% year on year and 229% in half year), exceeding market expectations by 67% and exceeding the bank's expectations by 80%. At the same time, the company announced an interim dividend of HK15.5 cents per share (interim dividend ratio of 4.6%, dividend ratio of 97%).

The Zhitong Finance App learned that J.P. Morgan Chase released a research report stating that it raised the Pacific Shipping (02343.HK) target price by 13.2% from HK$3.8 to HK$4.3, reaffirming the “gain” rating. Pacific Shipping's performance for the first half of 2026 far exceeded expectations. Net profit after tax reached US$105 million (up 310% year on year and 229% in half year), exceeding market expectations by 67% and exceeding the bank's expectations by 80%. At the same time, the company announced an interim dividend of HK15.5 cents per share (interim dividend ratio of 4.6%, dividend ratio of 97%).