On July 30, COSCO SHIP ENGY rose 3.21% in regular trading, trading at HKD 14.17/share, with turnover of HKD 69.69 million, continuing its recent rebound from oversold levels.

On the news front, international oil prices remain elevated with Brent crude surpassing $94/barrel, as escalating US-Iran tensions have sharply reduced transit volumes through the Strait of Hormuz, significantly lifting the geopolitical risk premium for oil shipping. Huayuan Securities maintained its Buy rating, noting that as geopolitical headwinds gradually clear, the company's Q3 earnings are expected to improve substantially on a sequential basis.

On the fundamental side, the company's H1 attributable net profit is forecast to rise approximately 141% to around RMB 4.5 billion, supported by sustained high freight rates across all major vessel types and a tight supply-demand balance in the compliant oil tanker market. Separately, JPMorgan reduced its long position to 5.73% on July 17, while BlackRock lowered its stake to 7.54% in early July.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)