Hong Kong stock movement: DALIPAL HLDG fell 16.62%, Middle East joint venture project failed to boost market confidence?

Hong Kong Stock Movement DALIPAL HLDG fell 16.62%. Based on recent key news: On January 13, DALIPAL HLDG and Saudi ZUMAR established a joint venture to promote an energy equipment project with an annual capacity of 1.1 million tons, leading to significant stock price fluctuations. The company announced the signing of a share purchase agreement with ZUMAR to establish the joint venture, marking a substantial step in its Middle East development strategy, with the stock price previously dropping by 86.78%. Source: Huigang Communications On January 12, DALIPAL HLDG was suspended pending the release of insider information, and then resumed trading. The company announced the sale of a 40% stake in DALIPAL International to ZUMAR, causing stock price fluctuations. Source: Zhitong Finance On January 11, DALIPAL HLDG entered into a share purchase agreement with ZUMAR to sell a 40% stake in DALIPAL International for a total consideration of 3 million Saudi Riyals, leading to stock price fluctuations. Source: Zhitong Finance. The strategic cooperation in the Middle East has driven stock price volatility. Stocks with High Trading Volume in the Industry Shandong Molong rose 4.32%, with a trading volume of HKD 657 million, and no significant news recently. The trading is active, with clear capital flow. Considering the sector and industry trends, the stock shows significant volatility, and specific reasons need further observation. CNOOC Services rose 3.91%. Based on recent news: On January 13, market concerns about the tense situation in the Middle East potentially affecting oil supply, along with close monitoring of the risks of Russian oil supply disruptions, drove international oil prices up. The price of light crude oil futures for February delivery on the New York Mercantile Exchange settled at USD 59.50 per barrel, an increase of 0.64%; the price of Brent crude oil futures for March delivery settled at USD 63.87 per barrel, an increase of 0.84%. On January 13, the Organization of the Petroleum Exporting Countries (OPEC) decided that eight member countries would suspend increases in oil production in the first quarter of 2026 to address potential oversupply. Representatives from Saudi Arabia, Russia, Iraq, the United Arab Emirates, Kuwait, Kazakhstan, Algeria, and Oman held an online meeting and ultimately decided to maintain oil production levels. On January 13, oil stocks were generally active, with CNOOC Services rising 4.19% to HKD 7.71; CNOOC rose 2.67% to HKD 21.5; PetroChina rose 1.73% to HKD 8.25; Sinopec rose 0.65% to HKD 4.65. Oil stocks were generally active, with international oil prices rising. Sinopec Oil Services rose 1.32%, with a trading volume of HKD 46.56 million, and no significant news recently. The trading is active, with clear capital flow. Considering the sector and industry trends, the stock shows significant volatility, and specific reasons need further observation. Stocks with High Market Capitalization in the Industry Anton Oilfield Services rose 1.30%. Based on recent news: On January 12, Anton Oilfield Services announced the repurchase of 6.206 million shares, costing approximately HKD 4.9996 million. This move demonstrates the company's confidence in its business, boosting market sentiment and driving the stock price up Market sentiment is positive, and capital inflow is significant