Pacific Basin Shipping (02343.HK) rose 4.79% at the August 7 open after reporting first-half 2026 results that exceeded expectations, with revenue up 8.52% year on year to $1.105 billion and profit attributable to shareholders up 310.35% to $105 million. The dry bulk shipper declared an interim dividend of HK15.5 cents per share, up from HK1.6 cents a year earlier, alongside basic earnings per share of HK16.1 cents. Core business contribution rose 144% to $124 million as Handysize and Supramax vessels outperformed market benchmarks on a time-charter equivalent basis. Investors also noted the group's net cash position of $157 million, committed available liquidity of $674 million, and continued share repurchases under a $40 million buyback mandate.