HK Stock Market Move | COSCO Shipping Holdings (01919) rose over 6%, with Q3 net profit attributable to shareholders surging 128.45% quarter-on-quarter, as its core business achieved both volume and price increases.

COSCO Shipping Holdings (01919) strengthened after its results announcement, rising 6.38% as of press time to HK$17.68, with turnover of HK$112 million. On the news front, COSCO Shipping Holdings released its 2026 third-quarter report on the evening of October 29. In the third quarter, it achieved operating revenue of RMB75.692 billion, up 29.39% year-on-year; net profit attributable to shareholders of the listed company was RMB17.230 billion, up 80.73% year-on-year and up 128.45% quarter-on-quarter from the second quarter. In the first three quarters, the company achieved operating revenue of RMB187.614 billion, up 11.94% year-on-year; net profit attributable to shareholders was RMB30.649 billion, up 13.22% year-on-year. In the third quarter, the container shipping business completed cargo volume of 7.2115 million TEU, up 4.46% year-on-year; it achieved revenue of RMB73.295 billion, up 30.35% year-on-year. Controlled terminals completed throughput of 8.7642 million TEU, up 2.38% year-on-year; they achieved revenue of RMB3.312 billion, up 7.44% year-on-year. In the first three quarters, the container shipping business completed cargo volume of 21.4910 million TEU, up 6.47% year-on-year; controlled terminals completed throughput of 25.6578 million TEU, up 2.46% year-on-year.