Lates News

Huayuan Securities released a research report on March 21st, giving a "buy" rating to Haitong Development (603162.SH). The main reasons for the rating include: 1) The company's fleet scale is expanding against the trend, and the recovery of the bulk cargo market in the second half of 2025 will drive performance recovery, with the operating efficiency of the main ship types significantly outperforming the market benchmark; 2) The mainstream mines are increasing production, coupled with the aging of transportation capacity, which may open a "new cycle of bulk cargo transportation", and is expected to resonate with the company's growth prospects. (Daily Economic News)