The Zhitong Finance App learned that Haifeng International (01308) rose more than 3%. As of press release, it had risen 3.44% to HK$48.78, with a turnover of HK$116 million.
According to the news, recently, Haifeng International announced the third quarter results and operating data. The Group's revenue increased by approximately 14.2% from approximately US$2,459 million for the nine months ended September 30, 2025 to approximately US$2,808 million for the nine months ended September 30, 2026. For the nine months ended September 30, 2026, the Group's container volume was 2,912,200 TEUs, an increase of about 5.9% over 2,749,800 TEUs in the same period in 2025. The Group's average freight rate for the nine months ended September 30, 2026 (excluding interchange class revenue) was US$825.9 per TEU, an increase of approximately 9.4% over US$754.9 per TEU for the same period in 2025.
Komo released a research report saying that even after Haifeng International announced the third quarter operation update, it still recorded strong freight rates and resilient cargo volume even in the “low season”. The management is optimistic about the outlook for the end of the year and anticipates that the fourth quarter and before the Lunar New Year will be very busy. The bank pointed out that management described demand in the third quarter as “hotter than expected,” with strong cargo volume and freight rates on all major routes, particularly in Southeast Asia and Japan. Port congestion and weather disturbances continued to strain effective capacity. Freight rates in August were higher than in July, breaking the usual seasonal rules.