The Zhitong Finance App learned that China Merchants Port (00144) rose by more than 4%. As of press release, it had risen 4.14% to HK$14.59 to HK$30.1782 million.

According to the news, HSBC Research released a research report indicating that the total container throughput of China Merchants Port maintained a steady upward trend in the first half of the year, reaching a record high of 78.3 million TEU, with a year-on-year increase of 4.6%. The bank believes that the global layout of China Merchants Port provides an effective buffer to the geopolitical situation.

Looking ahead, HSBC Research expects the company's overall throughput to maintain low to mid-single-digit growth, supported by additional production capacity brought about by the expansion project. Given the higher-than-expected throughput momentum, the bank raised China Merchants Port's net profit forecast for the 2026-2027 fiscal year by 3 to 4%, and expects total throughput to increase by 5.1% year-on-year in 2026. Furthermore, the bank predicts that the company's revenue for the first half of the year will increase by 3%, driving net profit up 6% to 3.88 billion yuan.

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