China Merchants Port sees October container throughput growth, issues short-term notes

China Merchants Port Group reported a 5.5% year-on-year increase in total container throughput for October 2025, reaching 1,741.8 thousand TEUs, with year-to-date growth of 5.1% to 17,171.4 thousand TEUs. Mainland terminals saw an 8.7% rise in October to 1,377.0 thousand TEUs. Total bulk and general cargo for October 2025 decreased by 9.9% year-on-year to 9,992.9 thousand tons, with mainland terminals experiencing a 10.0% decline. Overseas terminals showed mixed results, with a 1.5% decrease in container volume but a 12.3% increase in bulk and general cargo in October.

In a separate announcement, China Merchants Port Group successfully issued its second tranche of 2025 ultra-short-term commercial paper (SCP002) totaling RMB 2 billion. The issuance, with a term of 267 days and an interest rate of 1.58%, commenced on November 12, 2025, with funds fully received by November 13, 2025. This issuance is part of the company's previously approved debt financing instrument registration, valid for two years from its approval on December 29, 2023.

The principal underwriters for the ultra-short-term commercial paper were China Merchants Bank, China Construction Bank, and Industrial and Commercial Bank of China. The company reaffirmed that it is not a dishonest entity.