11月4日，欧线集运主连期货涨近4%。 媒体报道称，近期集装箱运输市场运价表现活跃，运价持续攀升。不少上市公司纷纷开辟新航线，抢占 市场先机，调整战略布局，以更好地满足货物运输需求。业内人士一致认为，我国出口集装箱运输需求 基本盘较为稳固，绝大多数航线市场呈现平稳向上态势。 此外，11-12月北美迎来"黑五"、"圣诞节"等消费旺季。 广发证券认为，干散货海运市场处于景气周期底部向上拐点的概率较大。其从年度供需平衡看， 2026/27年干散货海运市场的需求增速或将重新超过供给增速，意味着经历了多年供需双弱后，行业有 望迎来供需格局反转。船队增速保持在低位，而需求端在西芒杜增产、美联储降息等支撑下边际改善， 供需剪刀差有望再度收敛并转正，为周期拐点奠定基础。 供给方面，结合全球造船产能利用率与环保规范趋严等外生约束，未来两年新船交付能力或受限，供给 端对航运周期的扰动显著下降，供给紧约束也正成为支撑未来运价中枢上行的重要变量。 锦江航运：东北亚集装箱航运老牌龙头，在上海-日本，上海-中国台湾航线常年维持市占率第一。 *免责声明：文章内容仅供参考，不构成投资建议 *风险提示：股市有风险，入市需谨慎 公司方面，据上市 ...

Core Viewpoint - The stock of China Merchants Industry Holdings Co., Ltd. (中远海发) has shown positive performance with a year-to-date increase of 3.15% and a recent uptick in trading activity, indicating potential investor interest and market confidence [2]. Financial Performance - For the first half of 2025, the company achieved a revenue of 12.258 billion yuan, representing a year-on-year growth of 4.23%, while the net profit attributable to shareholders was 970 million yuan, reflecting an increase of 8.36% [2]. - Cumulatively, since its A-share listing, the company has distributed a total of 7.48 billion yuan in dividends, with 2.411 billion yuan distributed over the past three years [3]. Stock Market Activity - As of October 21, the stock price reached 2.65 yuan per share, with a trading volume of 174 million yuan and a turnover rate of 0.68%, resulting in a total market capitalization of 34.974 billion yuan [1]. - The stock has seen significant trading activity, with a net inflow of 26.196 million yuan from main funds and notable buying from large orders [1]. Shareholder Information - As of June 30, 2025, the number of shareholders increased to 280,500, up by 6.79% from the previous period, indicating growing investor interest [2]. - The largest circulating shareholder, Hong Kong Central Clearing Limited, reduced its holdings by 21.719 million shares, while the Southern CSI 500 ETF increased its holdings by 7.4724 million shares [3]. Business Overview - China Merchants Industry Holdings Co., Ltd. specializes in container manufacturing, leasing, and shipping services, with container manufacturing accounting for 89.43% of its main business revenue [2]. - The company is categorized under the transportation and shipping industry, with involvement in various concepts such as RCEP, maritime transport, and the Belt and Road Initiative [2].

Group 1 - The Shanghai Composite Index rose by 0.48% to close at 3683.46 points, while the Hang Seng Index increased by 2.58% to 25613.67 points [1] - China Merchants Industry Holdings Co., Ltd. (the "Company") has an A/H premium of 127.84%, ranking 15th among A/H shares [1] - The Company’s A shares closed at 2.52 yuan, down 0.4%, and H shares closed at 1.21 HKD, remaining flat [1] Group 2 - The Company is a subsidiary of China Ocean Shipping Group Co., Ltd. ("COSCO Shipping Group") and specializes in shipping logistics and financial operations [1] - Established in 1997 and headquartered in Shanghai, the Company is listed in both Hong Kong and Shanghai [1] - The Company focuses on container manufacturing, leasing, and shipping leasing, supported by investment management to achieve integrated development [1] - The container manufacturing business has an annual design capacity exceeding 1.4 million TEU, making it the second largest in the world, serving globally recognized shipping lines and leasing companies [1] - The Company aims to enhance its core competitiveness through technological innovation and green low-carbon transformation, striving to become a world-class logistics equipment technology enterprise [1]

Group 1 - The Shanghai Composite Index rose by 0.16% to close at 3639.67 points, while the Hang Seng Index increased by 0.69% to 25081.63 points [1] - China Merchants Industry Holdings Co., Ltd. (the "Company") has an A/H premium of 132.6%, ranking 11th among A/H shares [1] - The Company is a subsidiary of China Ocean Shipping Group Co., Ltd. and specializes in shipping logistics and financial operations [1] Group 2 - The Company was established in 1997 and is headquartered in Shanghai, listed on both Hong Kong and Shanghai stock exchanges [1] - The Company focuses on container manufacturing, leasing, and shipping leasing, supported by investment management for integrated development [1] - The container manufacturing business has an annual production capacity of over 1.4 million TEUs, ranking second globally, serving major shipping lines and leasing companies [1]