In pre-market trading, several stocks in the shipping and port sectors demonstrated remarkable strength. Specifically, Ningbo Shipping, Ningbo Ocean Shipping, and Nanjing Port all reached their daily trading limits. Additionally, China International Maritime Containers surged over 10% at the market open, while COSCO Shipping Holdings and Lianyungang Port also registered significant gains. The main contract for container shipping to Europe further added to the uptrend, soaring more than 10% during the morning session. Trade tracking agencies have reported that following the mutual reduction of tariffs between the US and China, bookings for container shipping between the two countries have surged by nearly 300%.
