The Economic Information Daily, Sept 24 (special report) Shipping stocks rose broadly, COSCO Shipping Energy (01138) up 2.8%, at HK$19.39; Sinotrans (00598) up 0.9%, at HK$4.495; Seasun International (01308) up 0.3%, at HK$47.96; Orient Overseas (00316) down less than 0.1%, at HK$142.4; Tianjin Port (03382) unchanged, at HK$0.615.
As Chinese President Xi Jinping arrived in the United States for a state visit, U.S. Treasury Secretary Bessent and Chinese Vice Premier He Lifeng announced on Wednesday after their meeting that China and the U.S. have agreed to extend their trade truce until January 10 next year. When asked what outcomes might be achieved from this Xi-Trump meeting, Bessent said, "We might see announcements regarding financial services and agricultural product purchases."
On October 30 last year, Xi Jinping and U.S. President Trump held a summit in Busan, South Korea, after which they announced a one-year trade truce agreement. The agreement temporarily suspended certain tariffs, rare earth restrictions, and high fees imposed on China-built and China-owned vessels docking at U.S. ports.
Currently, the Hang Seng Index stands at 24,729, down 105 points or 0.4%, with main board turnover nearing HK$38.5 billion. The Hang Seng China Enterprises Index is at 8,250, down 23 points or 0.3%. The Hang Seng Tech Index is at 4,357, down 21 points or 0.5%. (am)
As Chinese President Xi Jinping arrived in the United States for a state visit, U.S. Treasury Secretary Bessent and Chinese Vice Premier He Lifeng announced on Wednesday after their meeting that China and the U.S. have agreed to extend their trade truce until January 10 next year. When asked what outcomes might be achieved from this Xi-Trump meeting, Bessent said, "We might see announcements regarding financial services and agricultural product purchases."
On October 30 last year, Xi Jinping and U.S. President Trump held a summit in Busan, South Korea, after which they announced a one-year trade truce agreement. The agreement temporarily suspended certain tariffs, rare earth restrictions, and high fees imposed on China-built and China-owned vessels docking at U.S. ports.
Currently, the Hang Seng Index stands at 24,729, down 105 points or 0.4%, with main board turnover nearing HK$38.5 billion. The Hang Seng China Enterprises Index is at 8,250, down 23 points or 0.3%. The Hang Seng Tech Index is at 4,357, down 21 points or 0.5%. (am)
| Stock (Code) | Current Price (HK$) | Change (%) |
|---|---|---|
| Orient Overseas (00316) | 142.4 | Down less than 0.1% |
| Seasun International (01308) | 47.96 | Up 0.33% |
| CMHK (00144) | 16.59 | Up 0.36% |
| COSCO Shipping Holdings (01919) | 16.33 | Up 0.18% |
| COSCO Shipping Ports (01199) | 5.975 | Up less than 0.1% |
| Pacific Basin Shipping (02343) | 4.11 | Up 0.37% |
| COSCO Shipping Energy (01138) | 19.39 | Up 2.81% |
| Sinotrans (00598) | 4.495 | Up 0.9% |
| Tianjin Port (03382) | 0.615 | No change |
| COSCO Shipping Development (02866) | 0.885 | Down 1.12% |
