On September 11, COSCO SHIP ENGY fell 3.19% in regular trading, trading at 18.22 HKD/share, with turnover of approximately HKD 289 million.

On the news front, global asset management giant BlackRock has been steadily reducing its H-share position in the company, with its stake declining from 8.62% to 5.68% through multiple rounds of selling in recent weeks. The persistent trimming by one of the world's largest institutional investors has drawn significant market attention and weighed on sentiment.

The decline also reflects profit-taking pressure following a strong rally earlier in the week. COSCO SHIP ENGY had gained approximately 4% on September 8 and 3% on September 9, driven by escalating Middle East geopolitical tensions — including explosions near Iran's Kharg Island oil export hub and a Saudi tanker interception in the Strait of Hormuz — which pushed Brent crude above $90/barrel and sent VLCC rates to extreme levels.

Fundamentally, the company reported H1 revenue of RMB 15.15 billion, up 30.03% year-over-year, with net profit of RMB 4.545 billion, surging 143.21%, indicating the business remains in a high-prosperity cycle.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)