Is the layout of the shipping sector right when the consolidation index soars and the leading stock price reaches a two-year high| Industry trends

Yesterday, the main contracts of the consolidation index (European line) surged sharply, with a surge of over 12% during the day, setting a new historical record. In early trading today, the main contract of the consolidation index futures rose more than 8% within the day and is now at 3612.8 points. Affected by this, yesterday, both A-share and Hong Kong stock shipping sectors soared, and the stock price of COSCO Shipping Holdings, known as the “king of cycles”, reached a new high since March 2022.