TS LINES (02510) saw its shares rise nearly 5%, with a gain of 4.73% to HK$9.74 at the time of writing. The trading volume reached HK$57.68 million. The movement follows an announcement on February 11 by international index compiler MSCI regarding its quarterly index review for February 2026, which will take effect after the market close on February 27. TS LINES was among the Hong Kong-listed stocks added to the MSCI Global Small Cap Index. A previous research report from Industrial Securities suggested that the company could benefit in the second half of 2025 from several factors: 1) the accelerated scrapping of older vessels due to IMO 2024 regulations, which may widen the supply gap for small and medium-sized ships; 2) further acceleration of industrial relocation, supporting long-term demand in Southeast Asia; and 3) a rebound in freight rates during the peak season.