--- title: "Hong Kong stock movement: SHANDONG MOLONG rises nearly 12%, with significant performance improvement and ample orders boosting stock price surge" type: "News" locale: "en" url: "https://longbridge.com/en/news/283753829.md" description: "SHANDONG MOLONG rose 11.99%; CNOOC Oilfield Services rose 4.16%, with a transaction amount reaching HKD 58.97 million; Sinopec Oilfield Service rose 3.75%, with a transaction amount reaching HKD 23.26 million; Dalip Holding fell 1.33%, with a transaction amount reaching HKD 9.31 million; Anton Oilfield Services fell 0.93%, with a market value of HKD 3.182 billion" datetime: "2026-04-23T02:38:06.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/283753829.md) - [en](https://longbridge.com/en/news/283753829.md) - [zh-HK](https://longbridge.com/zh-HK/news/283753829.md) --- # Hong Kong stock movement: SHANDONG MOLONG rises nearly 12%, with significant performance improvement and ample orders boosting stock price surge **Hong Kong Stock Movement** Shandong Molong rose 11.99%. Based on recent news, 1. On April 21, Shandong Molong disclosed its Q1 2026 report, with operating revenue of 666 million yuan, a year-on-year increase of 128.53%; net profit attributable to shareholders was 5.584 million yuan, a year-on-year increase of 2.96%. Sufficient orders and a significant increase in product output and sales drove the stock price up. 2. On April 21, Zhitong Finance reported that Shandong Molong's net profit for Q1 2026, excluding non-recurring gains and losses, was 3.47 million yuan, compared to a loss of 4.91 million yuan in the same period last year, showing significant performance improvement and boosting market confidence. 3. On April 22, Economic Information Daily reported that Shandong Molong's R&D expenses in Q1 2026 rose 2.8 times, and financial expenses increased by 76%, but overall profitability still improved, attracting investor attention. The industry performed well overall, with sufficient orders. **Stocks with High Trading Volume in the Industry** CNOOC Services rose 4.16%. Based on recent key news: 1. On April 22, CNOOC Services announced its Q1 performance, with operating revenue increasing by 4.6% year-on-year, but net profit decreased by 3.6% year-on-year. Despite revenue growth, the decline in profit may affect market confidence and drive stock price fluctuations. Source: Zhitong Finance 2. On April 20, international oil prices fluctuated due to geopolitical risks in the Strait of Hormuz, leading to a general decline in oil stocks. Subsequently, oil prices rebounded, and the market's reaction to oil price fluctuations affected CNOOC Services' stock price. Source: Zhitong Finance 3. On April 22, analysts pointed out that the increase in financial costs and oil price fluctuations put pressure on CNOOC Services' profitability, affecting investor expectations. Source: Zhitong Finance The oil industry is significantly affected by geopolitical fluctuations. Sinopec Oilfield Services rose 3.75%. Based on recent news, 1. On April 20, tensions in the Middle East and changes in U.S. economic policy affected market confidence and energy price fluctuations. The turmoil in the Middle East, intensified internal divisions in Iran, led to uncertain negotiation prospects, exacerbated the power crisis in Pakistan, and disrupted liquefied natural gas supplies, affecting energy market stability and driving up oil prices. 2. On April 21, Citigroup released a research report stating that the ceasefire agreement between the U.S. and Iran would expire on April 22, and if a memorandum of understanding or an extension of the ceasefire agreement is reached, global crude oil and petroleum product inventories will decrease by about 900 million barrels, dropping to the lowest level in 8 years, driving up oil prices. 3. On April 20, Zhitong Finance reported that after Iran announced the complete opening of the Strait of Hormuz, oil prices plummeted, but soon the strait was blocked again, and conflicts erupted, leading the market to be highly vigilant about the situation, with international oil prices rebounding sharply, and WTI crude oil at one point rising over 8%. The energy market is volatile, with high geopolitical risks. Dali Group Holdings fell 1.33%. Based on recent key news: 1. On April 23, Dali Group Holdings signed a strategic cooperation agreement with KUKA Robotics, and both parties will carry out smart manufacturing cooperation in the SPARK industrial park in Dammam, Saudi Arabia. This move aims to enhance production efficiency and product quality, promote digital management optimization, and strengthen core competitive advantages This cooperation has a positive impact on the stock price, although there have been fluctuations in the short term. 2. On April 22, Dalipe Holdings announced details of its cooperation with KUKA, including AI technology application training and technology transfer, further consolidating the group's position in the international high-end energy equipment market. This news has strengthened market confidence in the company's future development. 3. On April 22, Dalipe Holdings announced that it would advance the construction of an intelligent manufacturing base for the Saudi project, leveraging KUKA's AI technology advantages to deepen its strategic layout in the Middle East. This move is seen as an enhancement of the company's rapid response capability in the Middle Eastern market, providing certain support for the stock price. The trend of industry intelligence is significant, and capital inflow is active. **Stocks ranked among the top in industry market capitalization** Anton Oilfield Services, down 0.93%, with a market capitalization of HKD 3.182 billion, has no significant news recently. Trading is active, and capital flow is evident. Considering the sector and industry trends, this stock shows significant volatility, and the specific reasons need further observation ### Related Stocks - [00568.HK](https://longbridge.com/en/quote/00568.HK.md) ## Related News & Research - [Prudential faces tough road in reviving Bharti AXA Life Insurance biz](https://longbridge.com/en/news/286786329.md) - [Manulife Singapore to offer multi-cancer blood test starting May](https://longbridge.com/en/news/286710691.md) - [11:48 ETInventHelp Inventor Develops New Remote Control Finder (TKA-458)](https://longbridge.com/en/news/286941635.md) - [05:10 ETPing An Recognized as the World's Most Valuable Insurance Brand in "2026 Top 100 Most Valuable Global Brands" by Kantar BrandZ](https://longbridge.com/en/news/286537066.md) - [Singapore’s Fairprice Xtra to launch $66 all-you-can-eat durian buffet featuring Musang King, Black Thorn](https://longbridge.com/en/news/286881811.md)