Changes in Hong Kong stocks | Pacific Shipping (02343) rose more than 7% at the end of the session, the average daily revenue of Xiaoling portable dry bulk carriers increased 35% year-on-year in the third quarter

The Zhitong Finance App learned that Pacific Shipping (02343) rose more than 7% at the end of the session. As of press release, it had risen 7.11% to HK$2.26, with a turnover of HK$51.33,400.

According to the news, Pacific Shipping announced that in the third quarter, the company's core business recorded average daily revenues of 13,740 US dollars and 12,220 US dollars for Xiaoling and ultra-flexible dry bulk carriers on an equal basis of fixed-term leasing contracts, respectively. This means that the average daily revenue of small and super convenient dry bulk carriers increased by 35% and 6%, respectively, over the same period last year.

China Merchants Futures pointed out that due to the impact of the global economy and the situation in the Middle East, demand for commodities is still moderately low. Currently, the global economy is in the process of bottoming out through repeated shocks, and BDI will show a trend of intensifying shocks in the short term. However, as China's economy improves, BDI is expected to rise again and again in the medium to long term.