Core Viewpoint - Ningbo Port (601018) announced an expected increase in container throughput and cargo throughput for October 2025, indicating positive growth trends in operations [1] Group 1: Container Throughput - The company anticipates completing a container throughput of 4.56 million TEUs in October 2025, representing a year-on-year growth of 12.4% [1] Group 2: Cargo Throughput - The expected cargo throughput is 99.6 million tons for the same period, showing a year-on-year increase of 5.3% [1]

Core Viewpoint - Ningbo Port announced an expected completion of container throughput of 4.56 million TEUs in 2025, representing a year-on-year growth of 12.4% [1] - The expected completion of cargo throughput is 99.6 million tons, with a year-on-year growth of 5.3% [1] Summary by Category - **Container Throughput** - Expected to reach 4.56 million TEUs by October 2025, indicating a growth of 12.4% compared to the previous year [1] - **Cargo Throughput** - Anticipated to complete 99.6 million tons by October 2025, reflecting a growth of 5.3% year-on-year [1] - **Cautionary Note** - The business data provided is based on rapid statistical estimates and may differ from the final actual figures, prompting a reminder for investors to be cautious [1]

Core Viewpoint - Shenzhen Yantian Port Co., Ltd. is positioned to benefit from the development of the Guangdong-Hong Kong-Macao Greater Bay Area and the Xiong'an New Area, with significant expectations for overall listing in the market [2] Company Overview - Shenzhen Yantian Port's main business includes the development and operation of terminals, cargo handling and transportation, construction and operation of port-related transportation facilities, and warehousing and industrial facilities [2][6] - The company is a state-owned enterprise controlled by the Shenzhen Municipal Government's State-owned Assets Supervision and Administration Commission [2] - Yantian Port is one of the highest single-port container throughput terminals globally and is expected to benefit from the Greater Bay Area's development [2] Financial Performance - As of September 30, 2025, Yantian Port achieved operating revenue of 616 million yuan, a year-on-year increase of 0.49%, and a net profit attributable to shareholders of 1.071 billion yuan, a year-on-year increase of 6.66% [7] - The company has distributed a total of 7 billion yuan in dividends since its A-share listing, with 1.557 billion yuan distributed in the last three years [7] Market Activity - On November 5, Yantian Port's stock rose by 0.87%, with a trading volume of 172 million yuan and a turnover rate of 1.18%, bringing the total market capitalization to 24.126 billion yuan [1] - The stock has seen a net outflow of 14.3078 million yuan from main funds today, with a ranking of 30 out of 35 in its industry [3][4] Shareholder Structure - As of September 30, 2025, the number of shareholders increased by 10.42% to 71,800, with an average of 44,079 circulating shares per person, a decrease of 9.44% [7]

Core Insights - The company Lianyungang experienced a decline of 0.87% in stock price on November 4, with a trading volume of 155 million yuan [1] - The financing data indicates a net financing outflow of 584.62 million yuan on the same day, with a total financing and securities balance of 1.34 billion yuan [1] - The company reported a decrease in revenue and net profit for the first nine months of 2025, with revenue of 1.87 billion yuan, down 3.45% year-on-year, and a net profit of 106 million yuan, down 25.90% year-on-year [2] Financing and Securities - On November 4, Lianyungang had a financing buy-in of 7.82 million yuan, with a current financing balance of 1.33 billion yuan, representing 1.88% of the circulating market value [1] - The company’s financing balance is above the 60th percentile of the past year, indicating a relatively high level [1] - The short-selling data shows no shares were repaid, with 600 shares sold short, amounting to 3,426 yuan, and a short-selling balance of 213,000 yuan, which is below the 50th percentile of the past year [1] Shareholder Information - As of September 30, the number of shareholders for Lianyungang was 101,400, a decrease of 20.48% from the previous period, while the average circulating shares per person increased by 25.76% to 12,234 shares [2] - The company has distributed a total of 516 million yuan in dividends since its A-share listing, with 199 million yuan distributed in the last three years [3] - Among the top ten circulating shareholders, Hong Kong Central Clearing Limited is the fourth largest, holding 5.83 million shares, an increase of 15,600 shares from the previous period [3]

Core Viewpoint - Liaoport Co., Ltd. shows a mixed performance in financing activities, with a slight decline in stock price and significant trading volume, indicating potential investor caution and market volatility [1] Financing Summary - On November 4, Liaoport's financing buy-in amounted to 34.92 million yuan, while financing repayment was 35.31 million yuan, resulting in a net financing outflow of 0.38 million yuan [1] - The total financing and securities balance for Liaoport reached 256 million yuan, with the current financing balance of 251 million yuan accounting for 0.81% of the circulating market value, indicating a high level compared to the past year [1] - The stock experienced a securities lending repayment of 66,700 shares and a securities lending sell-out of 311,400 shares, with the sell-out amounting to 0.5232 million yuan, and the securities lending balance at 4.458 million yuan, also indicating a high level compared to the past year [1] Company Overview - Liaoport Co., Ltd. was established on November 16, 2005, and listed on December 6, 2010, with its main business involving various port and logistics services, including oil, container, automobile, bulk cargo, and passenger roll-on/roll-off services [2] - As of September 30, the company had 211,800 shareholders, a decrease of 5.54% from the previous period, with an average of 0 circulating shares per shareholder [2] - For the period from January to September 2025, Liaoport achieved an operating income of 8.426 billion yuan, a year-on-year increase of 5.99%, and a net profit attributable to shareholders of 1.3 billion yuan, reflecting a year-on-year growth of 37.51% [2] Dividend and Shareholding Summary - Since its A-share listing, Liaoport has distributed a total of 5.342 billion yuan in dividends, with 1.439 billion yuan distributed over the past three years [3] - As of September 30, 2025, the largest circulating shareholder among the top ten is the Southern CSI 500 ETF, holding 109 million shares, which is a decrease of 2.3836 million shares from the previous period [3]

Core Viewpoint - The article discusses the current state of industrial production, construction, and demand trends in China, highlighting a mixed performance across various sectors, with some showing signs of recovery while others remain weak. Industrial Production Tracking - The operating rate of blast furnaces has significantly declined, with a week-on-week decrease of 3% to 81.7%, and a year-on-year drop of 3.3 percentage points [2][6] - Steel apparent consumption has increased by 2.7% week-on-week and returned to positive territory year-on-year, up 2.9 percentage points to 2.8% [2][8] - Social inventory continues to decline, down 2.1% week-on-week [2] Construction Industry Insights - Cement production and demand have shown slight improvement but remain weaker than the same period last year, with a grinding operating rate up 1% to 46.3% week-on-week and a year-on-year increase of 2.8 percentage points [24][25] - Cement shipment rates increased by 0.8% week-on-week but are down 8.8% year-on-year [24][28] - The cement inventory ratio continues to rise, up 2.3% week-on-week [24][31] Demand Tracking - The transaction volume of commercial housing continues to decline, with a week-on-week drop of 11.3% and a year-on-year decrease of 4.3 percentage points to -25% [47][48] - The average daily transaction area in 30 major cities has seen significant declines, particularly in first-tier cities, which experienced a year-on-year drop of 20.1 percentage points [47][51] - Port cargo throughput has rebounded significantly, with a year-on-year increase of 16.5% [57][64] Price Trends - Agricultural product prices are showing mixed performance, with vegetable prices rising by 8.1% week-on-week, while pork and egg prices have decreased by 0.8% and 0.5%, respectively [99][100] - The overall industrial product prices are on the rise, with the South China Industrial Product Price Index increasing by 1.8% week-on-week [111][112]

Core Points - Qinhuangdao Port Co., Ltd. (stock code: 601326) reported a closing price of 3.91 CNY on November 4, 2025, reflecting a 2.36% increase from the previous trading day, with a total market capitalization of 21.847 billion CNY [1] - The stock opened at 3.82 CNY, reached a high of 3.94 CNY, and a low of 3.78 CNY, with a trading volume of 315 million CNY and a turnover rate of 1.71% [1] - The company disclosed its monthly securities change report as of October 31, 2025, indicating that its ordinary shares are divided into H shares and A shares, with no changes in the number of shares for both categories [1] Summary by Category Stock Performance - The stock closed at 3.91 CNY, up 2.36% from the previous day [1] - The trading volume was 3.15 billion CNY, with a turnover rate of 1.71% [1] Securities Information - H shares listed on the Hong Kong Stock Exchange (stock code: 03369) and A shares listed on the Shanghai Stock Exchange (stock code: 601326) both maintained the same number of registered shares: 829,853,000 for H shares and 4,757,559,000 for A shares [1] - The total registered capital at the end of the month was 5.587 billion CNY, with no changes in issued shares or inventory shares [1]

Core Points - On November 4, 2025, China Merchants Port (001872) announced the completion of the cancellation of a total of 13,500 stock options, as confirmed by the Shenzhen branch of China Securities Depository and Clearing Corporation Limited [1] Summary by Category - **Company Announcement** - China Merchants Port has completed the cancellation of 13,500 stock options [1] - The cancellation was confirmed by the relevant regulatory authority [1]

证券日报网讯辽港股份11月4日在互动平台回答投资者提问时表示，截至2025年第三季度，公司实现营 业收入84.26亿元，同比增长5.99%；归母净利润13.00亿元，同比增长37.51%，经营业绩保持稳健增长 态势。公司始终高度重视投资者回报，切实回馈股东。本年度已实施现金分红5.63亿元，近三年累计现 金分红达14.38亿元，持续以实际行动分享发展成果。 （文章来源：证券日报） ...

Core Insights - Qingdao Port demonstrated strong resilience in Q3, with significant increases in various cargo throughput, including a 15% rise in soybean, over 20% in steel, and more than 50% in vehicle exports, amidst a complex international trade environment [1][2] Group 1: Cargo Performance - Soybean throughput increased by 15%, ensuring stability in the food supply chain [1] - Pulp throughput grew by 7%, playing a crucial role in the paper industry [1] - Steel throughput surged by over 20%, while machinery equipment throughput rose by nearly 10% [1] - Vehicle exports skyrocketed by over 50%, supporting the acceleration of China's manufacturing sector [1] Group 2: Strategic Initiatives - Qingdao Port expanded its international shipping network by adding new routes to regions such as India, Africa, and Southeast Asia, enhancing the logistics channels for the Belt and Road Initiative [2] - The port focused on key cargo types, establishing four specialized distribution and transshipment bases for grain, pulp, steel, and machinery [2] - By innovating operational models and optimizing resource allocation, Qingdao Port achieved both efficiency and volume growth [2] Group 3: Economic Role - As a vital economic barometer, Qingdao Port supports national strategies during a period of structural optimization and energy transition in China's foreign trade [2] - The port aims to enhance the dual circulation logistics network, contributing to the stability of global industrial and supply chains [2]