On August 25, COSCO SHIP ENGY fell 3.06% in regular trading, trading at HK$16.13/share, with turnover of HK$106 million.

On the news front, the Hong Kong Stock Exchange disclosed that Morgan Stanley recently reduced its holdings in COSCO SHIP ENGY by approximately 475,500 shares at around HK$14.20 per share, bringing its latest stake down to 7.98%. The stock had previously rallied from a low of HK$13.81 on August 11 to HK$16.77 on August 21, accumulating gains of over 21%, creating significant short-term profit-taking pressure.

Although earlier positives remain in play — including BlackRock increasing its stake to 7.30% and the company forecasting first-half net profit growth of approximately 141% to around RMB 4.5 billion — the Morgan Stanley reduction signal combined with cautious sentiment ahead of the August 28 interim results announcement has weakened bullish momentum.

(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.)