On September 2, SITC fell 3.16% in regular trading, trading at HK$43.46 per share, with turnover of HK$104 million.

On the news front, the previous trading day marked the company's interim dividend ex-date, with a distribution of HK$1.5 per share scheduled for payment on September 15. The ex-dividend effect continued to exert technical downward pressure on the share price. Meanwhile, the marine shipping sector saw broad-based weakness, with COSCO SHIP HOLD down 3.29%, TS LINES down 3.11%, OOIL down 2.80%, and PACIFIC BASIN down 0.97%.

SITC had previously reported strong first-half results, with revenue of US$1.842 billion, up approximately 10.7% year-on-year, and profit attributable to shareholders of US$677 million, up 7.39% year-on-year. The better-than-expected earnings had driven the stock to a record high of HK$50, and the current pullback represents a notable retreat from that peak.

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