COSCO SHIP HOLD (01919.HK) -0.100 (-0.847%) Short selling $6.20M; Ratio 8.189% issued a profit warning expecting the net profit to slip 78% in 2023. After Morgan Stanley rated COSCO SHIP HOLD at Underweight, the stock dropped for 4 consecutive days, and lost its 20-day, 100-day and 10-day MA ($7.71- $8) this morning. It shed 4.5% to a market low of $7.66. Volume amounted to 22.92 million shares, which is close to yesterday's whole day trading volume.SITC (01308.HK) +0.080 (+0.432%) Short selling $17.55M; Ratio 46.515% faced the largest selling pressure among the remaining shippers this morning. The stock decreased for 2 consecutive days, and lost its 20-day and 100-day MA($13.04 and $13). It bottomed at $13.92, and cascaded 4% to $12.94.Related NewsBofAS Downgrades COSCO SHIP HOLD/ OOIL to Neutral/ UnderperformCOSCO SHIP DEV (02866.HK) -0.010 (-0.962%) Short selling $74.16K; Ratio 4.674% and COSCO SHIP ENGY (01138.HK) +0.140 (+2.006%) Short selling $3.78M; Ratio 15.473% slid 1.3% and 2.7% to $0.78 and $7.34, respectively, with the latter losing its 10-day MA ($7.51). Blue chip OOIL (00316.HK) -1.300 (-1.233%) Short selling $12.45M; Ratio 27.301% faded 0.9% to $107.3 this morning after dropping 10% from an over-4-month high in the last 2 days. However, PACIFIC BASIN (02343.HK) -0.030 (-1.863%) Short selling $2.36M; Ratio 28.644% reversed its decrease in 3 consecutive days, and peaked at $2.49. PACIFIC BASIN last printed at $2.44, up 0.8%.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-01-28 12:25.)