Core Points - The Hong Kong stock market showed a positive trend on September 24, with the Hang Seng Index rising by 1.37% to 26,518.65 points, the Hang Seng Tech Index increasing by 2.53% to 6,323.15 points, and the National Enterprises Index up by 1.64% to 9,442.99 points [1] - The Hang Seng Index opened lower at 85.43 points but experienced a steady upward movement throughout the day, closing with a gain of 359.53 points and a total turnover exceeding 288.7 billion HKD [1] - The southbound trading (Hong Kong Stock Connect) saw a net inflow of over 13.7 billion HKD [1] Sector Performance - Most sectors exhibited mixed performance, with technology, chips, wind power, and stablecoin concepts showing gains, while real estate, banking, insurance, brokerage, innovative drugs, and port transportation had varied results [1] - Sectors such as biomedicine, gold, non-ferrous metals, and gas predominantly experienced declines [1] Individual Stock Movements - Notable stock movements included: - Lens Technology up by 6.38% - Giant Bio down by 11.96% - Dazhong Public Utilities down by 12.50% - TCL Electronics up by 6.87% - China Everbright Holdings up by 8.90% - China National Heavy Duty Truck Group up by 7.03% - Zhongchuang Zhiling up by 5.05% - Jitu Express up by 3.48% - Kuaishou up by 3.78% - NIO down by 0.72% - China Traditional Chinese Medicine up by 16.28% - Guotai Junan International down by 5.76% - SenseTime up by 2.25% [1] Top Traded Stocks - The top three traded stocks were: - Alibaba up by 9.16% with a turnover exceeding 44 billion HKD - Tencent Holdings up by 2.05% with a turnover exceeding 11.8 billion HKD - SMIC up by 5.72% with a turnover exceeding 11.4 billion HKD [1]

Core Viewpoint - The announcement of a strategic cooperation agreement between Zhongke Haixun and Guangxi Beibu Gulf International Port Group aims to enhance development in smart port construction, marine big data, and marine intelligent equipment [1] Group 1: Strategic Cooperation - Zhongke Haixun has signed a strategic cooperation agreement with Guangxi Beibu Gulf International Port Group [1] - The partnership will focus on areas such as smart port construction, marine big data, and marine intelligent equipment [1] - This agreement is expected to facilitate the company's development in the aforementioned fields [1]

Industrial Sector - Daily average pig iron production increased, and Shandong's independent refineries' operating rates improved[2] - Cement clinker capacity utilization rate and petroleum asphalt operating rates showed marginal declines[2] - Polyester operating rates remained stable, while tire production rates for both radial and semi-radial tires increased[2] Real Estate - New home sales in 30 major cities increased by 37.6% year-on-year as of September 19, 2025, significantly up from the previous week[2] - The average selling price index for second-hand homes decreased by 0.69% in the last four weeks as of September 8, 2025[2] Domestic Demand - Movie box office revenue averaged 118.63 million yuan per day, up 58.6% year-on-year as of September 19, 2025[2] - Retail sales of major home appliances grew by 5.3% year-on-year, an increase of 0.7 percentage points from the previous week[2] - Domestic flight operations increased by 5.6% year-on-year, with a notable rise in execution rates[2] External Demand - Port cargo throughput increased by 7.3% year-on-year, while container throughput rose by 10.9% as of September 14, 2025[2] - South Korea's export value grew by 3.8% year-on-year in the first ten days of September, up 2.5 percentage points from August[2] Price Trends - The Nanhua Industrial Price Index rose by 1.0%, with the black raw materials index increasing by 3.1%[2] - Rebar futures closed up 1.4%, while spot prices increased by 0.7%[2] - Coking coal futures rose by 7.6%, with Shanxi coking coal spot prices up by 2.8%[2]

Core Insights - The Ministry of Transport reported logistics operation data for the week of September 15 to September 21, highlighting various transportation metrics across the country [1] Transportation Metrics - National railway freight volume reached 80.606 million tons, with a month-on-month increase of 0.21% [1] - The number of freight trucks on national highways was 58.82 million, reflecting a month-on-month growth of 1.92% [1] - Monitored ports achieved a cargo throughput of 264.647 million tons, marking a month-on-month increase of 0.14%, and a container throughput of 6.664 million TEUs, up by 0.18% [1] Aviation and Postal Services - Civil aviation supported 123,000 flights, including 5,023 cargo flights (3,400 international and 1,623 domestic), with a month-on-month increase of 0.69% [1] - The volume of postal express collection was approximately 3.887 billion items, showing a month-on-month growth of 1.49%, while the delivery volume was about 3.844 billion items, with a month-on-month increase of 0.55% [1]

Core Insights - The national railway transported 80.606 million tons of goods from September 15 to September 21, reflecting a week-on-week increase of 0.21% [1] - The number of freight trucks on national highways reached 58.82 million, showing a week-on-week growth of 1.92% [1] - Port monitoring recorded a total cargo throughput of 264.647 million tons, with a week-on-week increase of 0.14%, and a container throughput of 6.664 million TEUs, up by 0.18% [1] - Civil aviation supported 123,000 flights, marking a week-on-week increase of 0.69% [1] - The postal and express delivery sector saw an intake of approximately 3.887 billion items, with a week-on-week growth of 1.49%, and a delivery volume of about 3.844 billion items, increasing by 0.55% [1]

受台风"桦加沙"影响 海口"三港"或将停运 中新网海口9月21日电 (记者 王子谦)海口市交通运输和港航管理局21日10时发布馨提示，受今年第18号 台风"桦加沙"影响，海口新海港、秀英港和铁路南港或将于9月23日中午前后停运(具体时间视气象情况 而定)。 广告等商务合作，请点击这里 本文为转载内容，授权事宜请联系原著作权人 中新经纬版权所有，未经书面授权，任何单位及个人不得转载、摘编或以其它方式使用。 关注中新经纬微信公众号(微信搜索"中新经纬"或"jwview")，看更多精彩财经资讯。 目前，海口"三港"运力充足。海口市交通运输和港航管理局请有过海需求的司机旅客合理安排行程，提 前预约购票，尽早过海。(完) 来源：中国新闻网 编辑：王永乐 ...

Core Insights - The cargo throughput at Cotonou Port increased by 50.5% year-on-year in Q2 2025, reaching 3,153,472 tons [1] - The growth in imports was 34.7%, totaling 1,875,892 tons, while exports surged by 109.8% to 991,012 tons [1] - The port welcomed 210 vessels during the quarter, indicating a significant recovery in its attractiveness [1] Performance Analysis - The increase in cargo volume is attributed to a successful agricultural season for 2024-2025 and enhanced capacity at the Glo-Djigbé Industrial Zone [1] - Transshipment cargo contributed to a 7.6% increase in overall throughput [1] - Despite the year-on-year growth, there was a decline compared to Q1 2025, where throughput was 3,518,440 tons [1] Future Outlook - The quarterly throughput has returned to the 3 million ton level, approaching the average of 12 million tons from the previous year, but still falls short of the current expansion plan's target of 25 million tons annually [1]

Group 1 - Power generation data for coal-fired plants showed a significant year-on-year decline of 14.8% as of September 11, marking the lowest level of the year, compared to a decline of 1.3% in August [1][6][7] - Industrial operating rates exhibited mixed trends, with the overall change being relatively stable compared to August; the operating rate for blast furnaces increased by 5.6 percentage points year-on-year, while the operating rate for coke enterprises rose by 7.5 percentage points [2][8] - Key steel production from major steel mills showed a slight month-on-month decline, with rebar production averaging 2.153 million tons per day, down 1.1% month-on-month [3][9] Group 2 - Infrastructure funding availability stabilized, with the funding rate for construction sites reaching 59.39% as of September 16, a month-on-month increase of 0.17 percentage points [4][11] - High temperatures led to a relative decline in residents' mobility, with metro passenger volume in major cities averaging 60.24 million trips, down 3.5% month-on-month [5][12] - Real estate sales remained weak on a month-on-month basis, but showed improvement year-on-year, with average daily transaction area in 30 major cities increasing by 6.3% compared to the same period last year [6][15][16] Group 3 - Retail sales of passenger cars showed a year-on-year decline of 4% from September 1 to 14, while wholesale sales also decreased by 3% [7][19] - Home appliance sales growth slowed down significantly, with online sales of air conditioners, refrigerators, and washing machines showing declines of 33.9% to 0.3% year-on-year [8][20] - Container throughput at domestic ports increased by 11.7% year-on-year from September 1 to 14, indicating strong export resilience [9][21]

Core Insights - Jiangsu Taicang Port is experiencing significant activity, with a focus on container and cargo throughput growth [2] Group 1: Container Throughput - In the first eight months of 2025, Taicang Port achieved a container throughput of 5.8 million TEUs, representing a year-on-year increase of 2.2% [2] - The port's overall cargo throughput reached 199 million tons, marking a year-on-year growth of 7.9% [2] Group 2: Foreign Trade and Exports - The foreign trade cargo throughput at Taicang Port amounted to 86.59 million tons, reflecting a year-on-year increase of 11.7% [2] - Exports of the "new three items"—automobiles, batteries, and photovoltaic products—exceeded 500,000 TEUs, showing a remarkable year-on-year growth of 45% [2]

Core Insights - The total cargo volume handled by Colombian ports from January to July reached 85.4 million tons, with the Caribbean region accounting for 84.7% of this volume [1][1][1] Export Performance - Key ports for exports include Turbo, Santa Marta, and San Andres, which saw increases of 45.9%, 29.3%, and 8.1% respectively [1][1][1] Import Performance - Turbo port experienced a significant growth in imports, doubling to 109%, while Buenaventura and Santa Marta saw increases of 26% and 24.9% respectively [1][1][1] Shipping Activity - Over 6,450 vessels were received at national ports during the same period, marking a 14% year-on-year increase, with Cartagena accounting for 38.9% of the total [1][1][1]