Hapag-Lloyd AG (HLAG GY) Reduce: Costs trump demand and rates

Research evidence excerpt

Hapag-Lloyd AG (HLAG GY) Reduce: Costs trump demand and rates

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12 As of 08 May 2026, HSBC beneficially held a net long position of more than 0.5% of this company’s total issued share

capital, calculated according to the SSR methodology.

13 As of 08 May 2026, HSBC beneficially held a net short position of more than 0.5% of this company’s total issued share

14 HSBC Qianhai Securities Limited holds 1% or more of a class of common equity securities of this company.

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