Changes in Hong Kong stocks | Shipping stocks are rising across the board, and the European shipping line is rising by more than 10%. Geographical risks still exist or delay the resumption of flights in the Red Sea

The Zhitong Finance App learned that shipping stocks were higher across the board. As of press release, Dongfang Overseas International (00316) rose 5.74% to HK$156.6; Dexiang Shipping (02510) rose 5.13% to HK$10.14; Haifeng International (01308) rose 3.68% to HK$42.28; and COSCO Marine Holdings (01919) rose 3.23% to HK$15.99.

According to news, the main contract of the shipping index (European line) rose more than 10% during the day on Monday. According to reports, the Houthis recently attacked the Yemeni port of Moka and oil facilities in southern Saudi Arabia. Industry insiders pointed out that Maersk and Hapag-Lloyd recently announced the resumption of Red Sea routes, which may be a major factor suppressing European routes. However, the situation around the Red Sea is still highly risky, and it is possible to detour again at any time due to heightened risks.

Notably, Maersk performed strongly in the second quarter, benefiting from strong market demand, rising spot shipping rates, and overall growth in various business segments. Based on actual results for the second quarter and higher “visibility” of the business situation for the rest of the year, the company announced an increase in its full-year results guide. The profit before interest and tax guidance for 2026 was US$4.5 to 6.5 billion, a sharp increase of 83% from the average of US$2 to 4 billion in June. The company expects the annual volume of the global container shipping market to grow by about 4% in 2026, and demand is still strong.