HK Stock Market Move | Cssc Offshore & Marine Engineering (00317) rises over 4%; new orders in the first three quarters approximately RMB 35.8 billion, reaching 2.18 times the annual plan.

Cssc Offshore & Marine Engineering (00317) rebounded today, rising 4.09% as of press time to HK$13.49, with a turnover of HK$23.24 million. On the news front, on the evening of October 20, Cssc Offshore & Marine Engineering announced that in the first three quarters of 2026 it had cumulatively secured new orders of RMB 35.799 billion, completing 217.97% of the annual plan. The orders mainly comprise construction contracts for various types of container ships, including 1900TEU, 3000TEU, 5300TEU and 6400TEU vessels, and are expected to have a positive impact on the company's cash flow and subsequent operating performance. Cssc Offshore & Marine Engineering previously disclosed a profit forecast increase announcement, expecting net profit attributable to shareholders of the parent company of RMB 1.1 billion to RMB 1.25 billion for the first three quarters, up 67.91% to 90.80% year on year; net profit attributable to shareholders of the parent company after deducting non-recurring gains and losses of RMB 1 billion to RMB 1.15 billion, up 65.26% to 90.05% year on year.