Changes in Hong Kong stocks | Haifeng International (01308) rose more than 5%. Earnings in the first half of the year were better than market expectations, and demand in the region maintained high growth

The Zhitong Finance App learned that Haifeng International (01308) rose by more than 5%. As of press release, it had risen 5.66% to HK$46.68, with a turnover of HK$63,524,500.

According to the news, on August 19, Haifeng International announced its interim results for the six months ended June 30, 2026, with revenue of about US$1,842 million, an increase of about 10.7% year on year; profit attributable to shareholders of US$677 million, up 7.39% year on year; basic profit per share of 0.25 US dollars. An interim dividend of HK$1.50 per share is proposed. CICC pointed out that Haifeng International's profit in the first half of the year was better than expected, mainly because the company achieved better-than-expected cargo volume and freight rate performance. On the business side, the company's 1H26 volume maintained a relatively rapid year-on-year growth, and 2Q26 freight rates improved markedly from month to month.

At the industry level, CICC believes that due to this year's geopolitical conflict, demand for small ships used for transit/feeder transportation has increased, further exacerbating the tight supply trend in the region. On the demand side, the import and export volume of the Asian regional market, especially the Southeast Asian market, is expected to maintain high growth. It can also further improve the round-trip balance of routes within the region and improve overall loading efficiency.