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Shipping Stocks Rally as Zhonggu Logistics Hits Daily Limit

Published: 24 August 2026 at 10:22Updated: 24 August 2026 at 10:39By 24TopNews Editorial Desk

The port and shipping sector strengthened on August 24, with Zhonggu Logistics hitting the daily limit. Jinjiang Shipping, COSCO Shipping Holdings, China Merchants Port, Xingtong, Guohang Ocean, Ningbo Ocean Shipping, Qingdao Port, Phoenix Shipping, and Sinotrans were among the stocks leading the gains. The shipping concept moved higher overall, with multiple stocks in the sector trading actively.