CICC: Container shipping prospects diverge, positive on COSCO Shipping Holdings (01919.HK) and Orient Overseas International (00316.HK) with a "buy" rating.

According to the Zhitong Finance and Economics APP, JPMorgan Chase released a research report stating that it maintains a positive view on China COSCO Shipping (01919, 601919.SH) with target prices raised to HK$21 and RMB 24 respectively. It also maintains a positive view on Oriental Overseas International (00316.HK) with a target price raised to HK$179, both of which are rated as "Buy". However, the bank remains cautious about Chinese shipyards, especially Yangzijiang Shipbuilding listed in Singapore, due to geopolitical uncertainties and competitive pressures.