Yangtze River Transport (Changjiang Transport) published a note on the oil tanker sector, highlighting a divergence between Chinese and US tanker stocks. A-shares fell sharply while US-listed tankers rose on strong Q4 spot rates. The broker reiterated a bullish view on Chinese tanker leaders.
The broker maintains a bullish stance on Chinese oil tanker leaders, expecting them to deliver strong performance as efficiency losses persist and spot rates remain elevated.
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