Changes in Hong Kong stocks | China Shipbuilding Defense (00317) rose by nearly 5%, and the new ship price index rose for 5 months in a row, the company benefited from the boom in the shipbuilding industry

The Zhitong Finance App learned that China Shipbuilding Defense (00317) has increased by nearly 5%, and its stock price is currently in Wulianyang for the time being. As of press release, it rose 4.81% to HK$14.6, with a turnover of HK$63.11,14 million.

According to the news, the new ship price index in August was 186.34, up 0.04% year on year, up 0.46% month on month, and rebounded for 5 consecutive months. Guojin Securities believes that the trend of ship prices entering a secondary upward channel is firmly established. The rise in shipping prices has increased the forward profit contribution of orders, and the high performance growth of domestic shipping companies has continued to prolong.

According to the interim results previously disclosed by China Shipbuilding Defense, the company achieved net profit of 840 million yuan in the first half of this year, an increase of 59% over the previous year. The company currently has orders of 73.4 billion yuan in shipbuilding, including 173 ship products and 1 offshore equipment, totaling 6.28 million dwt. According to Shen Wan Hongyuan, the company continues to benefit from the boom in the shipbuilding industry, has sufficient orders on hand, and orders for high-add-on ships continue to land.