Changes in Hong Kong stocks | Pacific Shipping (02343) rose more than 5%, and the BDI index hit a new high in the past two years, and the inflection point of the dry bulk shipping industry is approaching

The Zhitong Finance App learned that Pacific Shipping (02343) rose by more than 5%. As of press release, it had risen 4.17% to HK$2.75, with a turnover of HK$398.322 million.

According to the news, on December 3, the Baltic Dry Bulk Index (BDI) reported 2,845 points, a record high since December 6, 2023, rising 9.42% month-on-month, the biggest increase since October 13, 2025, and rising for the 15th day in a row, with a cumulative increase of 46% over the past month.

Changjiang Securities released a research report saying that looking ahead to the dry bulk shipping industry next year, the industry has reached an inflection point and is ready to go. Under moderate and limited growth rates on the supply side, there are three catalytic factors on the demand side to provide upward elasticity: the commencement of production of Ximandou iron ore reshaping the iron ore trade map; the Federal Reserve cuts interest rates to promote commodity trade and facilitate distribution; infrastructure has brought marginal demand for a long time, or some post-war reconstruction between Russia and Ukraine and hydropower construction.