Reported about 1 year ago
As the red sea crisis boosted an early start to the peak shipping season, with container congestion and port blockages causing freight prices to continuously rise, the market is optimistic about the profits of the container shipping giants in the second half of the year, leading to a continuous increase in stock prices. Wan Hai (2615) returned to the hundred yuan club after nearly 22 months, rising to a high of 101.5 yuan. Wan Hai is set to pay dividends on June 13, while Evergreen (2603) follows on June 27, and Yang Ming (2609) will follow on July 9. Market analysts suggest that investors can participate in ex-dividends given the advantages of the early peak season and rising freight rates, but it is advisable to wait for Evergreen's stock price to drop before buying in if empty-handed.
Source: YAHOO