The Zhitong Finance App learned that China Shipbuilding Defense (00317) has increased by more than 3%, and its stock price has risen by more than 20% in the past six trading days. As of press release, it rose 3.18% to HK$15.27, with a turnover of HK$156 million.

According to the news, Clarkson said in the latest report that 2026 is likely to be a strong year in the history of new shipbuilding contracts. From January to August, actual ship orders reached 2,128 ships and a revised gross ton of 59.7 million, which is basically the same as the record pace in 2007, and double the ten-year average. CITIC Construction Investment Securities recently reported that the shipbuilding industry is in a ten-year upward boom cycle.

In the first half of this year, China Shipbuilding Defense achieved net profit of 840 million yuan, an increase of 59% over the previous year. The company currently has orders of 73.4 billion yuan in shipbuilding, including 173 ship products and 1 offshore equipment, totaling 6.28 million dwt. Shen Wan Hongyuan said that the company continues to benefit from the boom in the shipbuilding industry, has sufficient orders on hand, and continues to land orders for high-add-on ships.

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