On July 27, COSCO SHIP ENGY rose 3.09% in regular trading, trading at 13.69 HKD/share, with turnover of HKD 126 million, extending its recent oversold recovery trend.

On the news front, international oil prices continued to climb with Brent crude breaking above USD 94/barrel, as escalating US-Iran tensions led to a sharp decline in transit volumes through the Strait of Hormuz, significantly elevating geopolitical risk premiums for oil shipping. Guotai Haitong previously noted in a research report that the company's Q2 attributable net profit reached approximately RMB 2.3 billion, doubling year-over-year, with Q3 earnings expected to continue rising. Huayuan Securities also maintained a Buy rating, citing improving fundamentals as geopolitical headwinds gradually clear.

On the fundamental side, the company forecast H1 attributable net profit growth of approximately 141% to around RMB 4.5 billion, supported by sustained high oil shipping market prosperity and a tight supply structure, providing a foundation for continued share price recovery.

(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.)