Changes in Hong Kong stocks | China Shipbuilding Defense (00317) rose more than 5% in the intraday period, the company says the benefits of current handheld orders will gradually be reflected in subsequent years

The Zhitong Finance App learned that China Shipbuilding Defense (00317) had an intraday increase of more than 5%. As of press release, it had risen 3.67% to HK$14.98, with a turnover of HK$30.31 million.

According to the news, on September 14, China Shipbuilding Defense stated at the 2026 semi-annual performance briefing that in the first half of 2026, it undertook a total of 55 new shipbuilding orders of type 8, mainly container ships. The order structure continued to be optimized, laying the foundation for improving overall gross margin. With the gradual construction and delivery of current handheld orders, the share of container ship revenue will increase accordingly, positively impacting the company's subsequent profit level. The company's handheld order delivery cycle has been scheduled to 2030, and the benefits of current handheld orders will gradually be reflected in subsequent years.

According to Zheshang Securities, China Shipbuilding Defense received a new order of 20.065 billion yuan in the first half of 2026, an increase of 30.11% over the previous year, and completed 122.8% of the annual plan. It undertook a total of 55 shipbuilding orders for type 8 ships, mainly container ships, etc. The bank believes that there is still a shortage of capacity for tankers until 2026, and there is a possibility that subsequent tankers and dry scatters will place large orders; on the supply side, shipyard shipments are almost saturated, but the number and delivery volume of active shipyards have dropped significantly, and supply and demand are tight or driving ship prices to continue to rise.