The shipping sector in the port market opened with a sharp rise, with China Merchants Shipping hitting the daily limit to reach a new high.

In the early trading session, the port shipping sector surged, with COSCO Shipping hitting the daily price limit to reach a new high. China Cosco Shipping Energy, China Merchants South Oil, China COSCO Shipping Corporation, Nanjing Port, and Ningbo COSCO Shipping followed suit in their gains.