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COSCO SHIP ENGY (01138.HK) Surges 11%+, Rated Overweight by M Stanley
COSCO SHIP ENGY (01138.HK) opened 4.88% higher today, peaking at $7.09. It last printed at $6.86, up 11.54%, on a volume of 63.1114 million shares, involving $431 million.Morgan St...
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COSCO SHIP ENGY (01138.HK) Surges 11%+, Rated Overweight by M Stanley
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STOCK INFO

COSCO SHIP ENGY (01138.HK)  +0.040 (+0.612%)    Short selling $7.64M; Ratio 8.061%   opened 4.88% higher today, peaking at $7.09. It last printed at $6.86, up 11.54%, on a volume of 63.1114 million shares, involving $431 million.

Morgan Stanley estimated that COSCO SHIP ENGY has a 70-80% chance of rising in absolute terms within 15 days given the recent pullback has made short-term valuations more attractive. The broker gave the company an Overweight rating with a target price of $9.5.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-03-06 16:25.)

Related NewsG Sachs Prefers COSCO SHIP ENGY/ AIR CHINA as Oil Price Drop May Spur Restocking Activity

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