Changes in Hong Kong stocks | COSCO Marine (01138) opens nearly 7% lower, Iran proposes plan to reopen the Strait of Hormuz within two days

The Zhitong Finance App learned that COSCO Haineng (01138) opened nearly 7% lower. As of press release, it decreased by 6.81% to HK$16.7, with a turnover of HK$12.32,000.

According to the news, according to CCTV news and other media reports, Iran recently stated that if Washington meets its conditions, Iran will reopen the Strait of Hormuz within two days. Iranian Foreign Minister Alagzi said in an interview with the media that Qatar helped shorten the seven-day restart plan proposed by Tehran. Currently, the plan on the table is basically the same as the “seven-day plan” previously proposed by Iran.

COSCO Haineng recently announced results. Revenue for the third quarter was 10.097 billion yuan, up 82.89% year on year; net profit was 2,844 billion yuan, up 235.04% year on year. That's a 19% month-on-month increase. In the first three quarters, the company achieved operating income of 25.243 billion yuan, a year-on-year increase of 47.03%; net profit of 7.389 billion yuan, an increase of 171.90% year-on-year. Mainly due to the continuous improvement of the foreign trade tanker transportation market in this period, there was a sharp increase over the previous year.