On July 17, COSCO Shipping Energy fell 3.28% in regular trading, trading at HK$12.06 per share, with turnover of approximately HK$65.86 million.

On the news front, today marks the A-share ex-dividend date, with the company distributing a cash dividend of RMB 0.38 per share, prompting some investors to exit after securing dividend entitlements. Meanwhile, BlackRock has reduced its H-share stake three consecutive times recently, lowering its holding from 9.38% to 8.51%. The sustained selling by the world's largest asset manager has notably dampened market sentiment.

Additionally, repeated Middle East tensions continue to create uncertainty around Strait of Hormuz navigation, maintaining high volatility in freight rates. Although the company's H1 attributable net profit is expected to surge approximately 141% year-over-year to around RMB 4.5 billion, driven by elevated international tanker market rates, short-term institutional selling pressure and geopolitical disruptions continue to weigh on the stock price.

(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.)