On June 10, COSCO Shipping Holdings fell 3.05% in regular trading, trading at HKD 13.98/share, with trading volume of HKD 271 million.

The marine sector extended its weakness broadly. On the news front, the Baltic Dry Index (BDI) has declined for eight consecutive trading days, falling to 2,818 points — its lowest level since May 1 — with a weekly drop of 7.5%. Capesize vessel rates plunged 5.9% in a single day, serving as the biggest drag. Meanwhile, CMA CGM previously slashed June return route rates sharply to as low as $145/TEU, representing roughly 4% of outbound rates, triggering market panic over the arrival of a freight rate inflection point. Selling pressure has continued to spread across the container shipping sector.

Within the Marine sector, stocks declined broadly. Among individual stocks, OOIL down 3.81%, TS Lines down 3.12%, Pacific Basin down 1.75%, SITC down 1.42%, while LC Logistics rose 7.18%.

(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.)