China Ocean: Index optimistic offshore attack

Cause of the abnormal motion: at present, the dry bulk market can be relatively upbeat: the main reason is that the current gloomy outlook has curbed short-term capacity growth (mainly due to delayed deliveries), while China's recovery may be stronger than market expectations and more imports of basic materials will be strong support for dry bulk markets.　　Investment Highlights: 1. Thanks to the Chinese government's active fiscal policy and moderately loose monetary policy, the company's domestic trade routes are still expected to achieve growth.　　2, with the continuous introduction and implementation of national economic stimulus plans, as well as the declining inventory of retailers, the European and American economies and trade volume, once a recovery, container shipping market is expected to enter a rebound. 3, COSCO Logistics has created a system-wide unified bulk marketing, operation and management platform-COSCO Shanghai logistics major Parts Transportation Co., Ltd., the market coverage of the country, effectively improve the efficiency of resource operation and overall competitiveness; the company continues to adhere to the brand development direction, through the breakthrough of major projects,　　Expand the domestic and foreign logistics market brand influence and reputation.　　4, the State Council executive Meeting review and principles through the Logistics industry revitalization planning targeted, the logistics industry to boost the role will also be conducive to the development of the entire logistics industry, the company will benefit from.　　Risk: Affected by the economic crisis, the Far East exports to the United States, the volume of goods situation is not optimistic; Asia-Europe routes in recent years to accept the most new ship, with the decline in freight volume, the future will face a grim situation, these all bring greater pressure on the company's operations. Related plate: Shipping