HK Stock Market Move | Cssc Offshore & Marine Engineering (00317): Up more than 5% in the afternoon, the high prosperity of the shipbuilding industry continues, and competition issues with Hudong Zhonghua Shipbuilding in the same industry are expected to be resolved.

Cssc Offshore & Marine Engineering (00317) rose more than 5% in the afternoon, as of the publication, it rose by 3.66%, to 11.9 Hong Kong dollars, with a turnover of 25.3392 million Hong Kong dollars. Zheshang pointed out that the current shipping industry is continuing to have high prosperity, with multiple ship types increasing in volume relay-style. Shipyard profitability is constantly improving, and supply and demand tension may continue to drive ship prices to new highs. Leading companies have great performance elasticity. In addition, with new ship orders moving towards large-scale, high-end, and dual-fuel direction, leading companies have world-leading technology in building large ships, and are expected to have strong competitiveness in future high-quality and high-priced orders. China's high-capacity, high-technology shipyards are expected to benefit first; ship assembly asset integration is heating up, and the shipbuilding industry's competitive landscape is expected to be optimized; China Shipbuilding Group's overall assembly asset integration is expected to further strengthen internal collaboration, enhance economies of scale, and strengthen lean management. Shenwan Hongyuan Group also stated that China Shipbuilding Group has taken the first step to solve intra-industry competition: China CSSC and China Shipbuilding Industry have announced a restructuring plan, with China CSSC planning to merge with China Shipbuilding Industry through a stock swap. The group had previously committed to resolving intra-industry competition issues within the group by June 30, 2026. Future attention will be on the resolution pace of intra-industry competition issues between Cssc Offshore & Marine Engineering and Hudong Zhonghua Shipbuilding. At the current point in time, the ship cycle is still in its early stages of an upswing, and future profit releases can be expected.