A-share shipping and port stocks saw a short-term surge, with Haitong Development rising over 8%, and COSCO Shipping Energy Transportation, China Merchants Energy Shipping, China Merchants Nanyou Shipping, Air China COSCO Shipping, and COSCO Shipping

2026-09-03

A-share shipping and port stocks saw a short-term surge, with Haitong Development rising over 8%, and COSCO Shipping Energy Transportation, China Merchants Energy Shipping, China Merchants Nanyou Shipping, Air China COSCO Shipping, and COSCO Shipping Specialized Carriers also rising. US media reported that the US military escorted 40 merchant ships carrying 18 million barrels of oil through the Taiwan Strait on Tuesday.