Xin Lang Cai Jing·2025-12-04 02:17Core Viewpoint - The shipping company Pacific Shipping (02343) experienced a 5.30% increase in stock price, reaching HKD 2.78, with a trading volume of HKD 58.71 million. The Baltic Dry Index (BDI) reached 2845 points on December 3, marking a 9.42% increase from the previous period and the highest level since December 6, 2023, with a cumulative increase of 46% over the past month. Longjiang Securities forecasts an industry turning point for the dry bulk shipping sector in the coming year, driven by three demand catalysts [1][4]. Group 1: Company Performance - Pacific Shipping's stock price rose by 5.30%, currently at HKD 2.78, with a trading volume of HKD 58.71 million [1][4]. Group 2: Industry Insights - The Baltic Dry Index (BDI) reported at 2845 points, a 9.42% increase, marking the largest rise since October 13, 2025, and the 15th consecutive day of increases, with a total rise of 46% over the past month [1][4]. - Longjiang Securities indicates that the dry bulk shipping industry is at a turning point, with limited supply growth and three demand catalysts: the commissioning of the West Manganese Iron Ore project reshaping the iron ore trade landscape, the Federal Reserve's interest rate cuts benefiting commodity trade, and long-term infrastructure projects driving marginal demand [1][4].