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Maersk raised this year's performance guidance, most shipping stocks rose, ooil (00316) rose by 2.61%.
Kinwu Financial News | Maersk raises this year's performance guidance. Encouraged by this news, most shipping stocks rose, with Great Harvest Holdings (03683) up 4.79%, OOIL (00316) up 2.61%, Cosco Shipping Holdings (01919) up 2.57%, Tian Yuan GP (06119) up 2.35%, and Cosco Ship Port (01199) up 1.92%. Danish shipping group Maersk raised this year's performance guidance, mainly due to its strong third-quarter performance, strong demand, and continued disruption in the Red Sea shipping. Maersk's preliminary adjusted EBITDA for the third quarter before interest, taxes, depreciation, and amortization.
NewSpring Franchise Invests in Fast-Casual Bakery and Café Great Harvest
Major bank rating | JPMorgan: Industry forecasts show that future shipping demand will slow down in the coming months, lowering Orient Overseas target price to HK$166.
According to the industry forecast, the demand is expected to slow down in the coming months, but it is anticipated that freight rates in the fourth quarter will not have a significant adjustment. Looking ahead to 2025, the industry's supply and demand imbalance situation may improve.
Great Harvest Holdings (03683): Chen Zhenbin resigns as an independent non-executive director.
Great Harvest Holdings (03683) has announced that Dr. Chen Zhenbin resigned from the shareholders' annual meeting on August 30, 2024.
Great Harvest Maeta Reveals Board and Committees
Smart Hong Kong Stock Shareholder Equity Disclosure | August 7th.
HK Shareholder Equity Disclosure | August 7th
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