Core Viewpoint - The global dry bulk shipping market is experiencing a rapid upturn, with the Baltic Dry Index (BDI) reaching its highest level since December 2023, indicating a positive trend for the industry [1] Group 1: Company Performance - Pacific Basin Shipping (02343) has seen its stock price increase by over 4%, currently trading at HKD 2.71 with a trading volume of HKD 32.43 million [1] Group 2: Industry Outlook - The dry bulk shipping industry is at a turning point, with moderate supply growth and three key demand catalysts expected to drive upward momentum: 1. The commencement of the West Simandou iron ore project, which is set to reshape the iron ore trade landscape 2. The Federal Reserve's interest rate cuts, which are favorable for commodity trading and dry bulk shipping 3. Long-term infrastructure needs, including post-war reconstruction in Ukraine and hydropower projects in Asia, contributing to marginal demand [1]

Core Viewpoint - The global dry bulk shipping market is experiencing a rapid upturn, with significant increases in the Baltic Dry Index (BDI) indicating a positive trend for the industry moving into 2025 [1] Group 1: Company Performance - Pacific Basin Shipping (02343) has seen its stock price rise by over 4%, currently trading at 2.71 HKD with a transaction volume of 32.43 million HKD [1] Group 2: Industry Outlook - The Baltic Dry Index has recorded 12 consecutive increases, reaching 2,560 points as of November 28, marking the highest level since December 2023 [1] - Long-term demand factors are expected to provide upward momentum for the dry bulk shipping industry, including the commencement of the West Simandou iron ore project, potential interest rate cuts by the Federal Reserve, and ongoing infrastructure needs related to post-war reconstruction in Ukraine and hydropower projects [1]

太平洋航运(02343)发布公告，于2025年11月28日注销1789.9万股已回购股份。 ...

智通财经APP讯，太平洋航运(02343)发布公告，于2025年11月28日注销1789.9万股已回购股份。 ...

格隆汇11月28日丨太平洋航运(02343.HK)发布公告，2025年11月28日注销1789.9万股购回股份。 ...

FF305 翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 表格類別： 股票 狀態： 新提交 公司名稱： 太平洋航運集團有限公司 (僅供識別) 呈交日期： 2025年11月28日 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 | 第一章節 | | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | 於香港聯交所上市 | | 是 | | | | 證券代號 (如上市) | 02343 | 說明 | | | | | | | | | A. 已發行股份或庫存股份變動 | | | | | | | | | | | | | | 已發行股份（不包括庫存股份）變動 | | 庫存股份變動 | | ...

Core Viewpoint - Pacific Shipping (02343) has seen a rebound of nearly 5%, with a current price of HKD 2.6 and a trading volume of HKD 15.77 million, following a series of share buybacks and positive market developments related to iron ore shipping [1] Group 1: Share Buybacks - On November 25, Pacific Shipping repurchased 2.74 million shares for HKD 7.09 million [1] - Since November 18, the company has conducted share buybacks for six consecutive days, totaling 24.31 million shares and an aggregate amount of HKD 63.28 million [1] - In 2023, the company has executed 41 buybacks, with a total expenditure of HKD 311 million [1] Group 2: Market Developments - The successful shipment of iron ore from the West Simandou project on November 11 marks the official commencement of operations for this project [1] - According to Guangfa Securities, the primary driver of demand for bulk shipping over the next 2-3 years will be iron ore, with significant contributions expected from the increase in shipping volumes and turnover [1] - The core catalyst for this demand surge is the commencement of shipments from the West Simandou iron ore project [1]

Core Viewpoint - Pacific Shipping (02343) has seen a rebound of nearly 5%, with a current price of 2.6 HKD and a trading volume of 15.77 million HKD, following a series of share buybacks and positive market developments related to iron ore shipping [1] Company Summary - On November 25, Pacific Shipping repurchased 2.74 million shares at a cost of 7.09 million HKD, continuing a trend of buybacks that has occurred for six consecutive days since November 18, totaling 24.31 million shares repurchased for a cumulative amount of 63.28 million HKD [1] - Year-to-date, the company has conducted 41 buybacks, amounting to a total of 311 million HKD [1] Industry Summary - The West Simandou project has officially commenced operations with the first shipment of iron ore on November 11, marking a significant development in the industry [1] - According to Guangfa Securities, the main driver of demand for bulk shipping over the next 2-3 years will be iron ore, with expectations of significant contributions to shipping volume and turnover from the increase in iron ore maritime transport, particularly due to shipments from the West Simandou project [1]

Summary of Key Points Core Viewpoint - Pacific Shipping has been actively repurchasing its shares, indicating a strategy to support its stock price amidst recent declines [2]. Group 1: Share Buyback Activity - On November 25, Pacific Shipping repurchased 2.739 million shares at prices ranging from 2.520 to 2.600 HKD, totaling 7.0891 million HKD [2]. - The stock closed at 2.570 HKD on the same day, reflecting a 1.98% increase, with a total trading volume of 35.1603 million HKD [2]. - Since November 18, the company has conducted buybacks for six consecutive days, acquiring a total of 24.307 million shares for 63.2757 million HKD, despite a cumulative decline of 5.51% in the stock price during this period [2]. Group 2: Year-to-Date Buyback Summary - Year-to-date, Pacific Shipping has executed 41 buyback transactions, acquiring a total of 151 million shares for a cumulative amount of 311 million HKD [2]. Group 3: Detailed Buyback Data - The buyback details for November 2025 show varying amounts and prices, with the highest buyback on November 24 at 500,000 shares for 1.2757 million HKD at a maximum price of 2.600 HKD [2]. - The buyback activity reflects a consistent effort to stabilize the stock price amid market fluctuations [2].

Core Viewpoint - Pacific Shipping (02343) announced a share buyback plan, indicating confidence in its stock value and future prospects [1] Summary by Categories Company Actions - The company plans to repurchase 2.739 million shares at a total cost of HKD 7.0891 million [1] - The buyback price per share ranges from HKD 2.52 to HKD 2.60 [1] Financial Implications - The total expenditure for the buyback represents a strategic investment in the company's own equity, potentially enhancing shareholder value [1]