--- title: "Hong Kong Stock Movement: SHANDONG MOLONG rises 11.37%, with significant performance improvement and ample orders boosting stock price surge" type: "News" locale: "en" url: "https://longbridge.com/en/news/283783072.md" description: "SHANDONG MOLONG rose 11.37%; CNOOC Oilfield Services rose 6.24%, with a transaction amount reaching HKD 203 million; Sinopec Oilfield Service rose 3.75%, with a transaction amount reaching HKD 149 million; Dalipu Holdings fell 1.33%, with a transaction amount reaching HKD 40.22 million; Anton Oilfield Services' market value reached HKD 3.212 billion" datetime: "2026-04-23T07:27:07.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/283783072.md) - [en](https://longbridge.com/en/news/283783072.md) - [zh-HK](https://longbridge.com/zh-HK/news/283783072.md) --- # Hong Kong Stock Movement: SHANDONG MOLONG rises 11.37%, with significant performance improvement and ample orders boosting stock price surge **Hong Kong Stock Movement** SHANDONG MOLONG rose 11.37%. Based on recent news, 1. On April 21, SHANDONG MOLONG disclosed its Q1 2026 financial report, showing a year-on-year revenue increase of 128.53%, reaching 666 million yuan, and a year-on-year net profit attributable to shareholders of 2.96%, reaching 5.584 million yuan. Sufficient orders and a significant increase in product production and sales drove the stock price up. 2. On April 21, SHANDONG MOLONG announced that the net profit after deducting 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, indicating significant performance improvement and enhancing market confidence. 3. On April 21, SHANDONG MOLONG announced that R&D expenses increased by 2.8 times year-on-year, and financial expenses rose by 76%, mainly due to exchange losses and increased financing amounts. Despite rising costs, overall performance remained strong. The industry has sufficient orders and strong product demand. **Stocks with High Trading Volume in the Industry** CNOOC Services rose 6.24%. Based on recent news, 1. On April 22, CNOOC Services announced its Q1 2026 performance, with revenue of 11.296 billion yuan, a year-on-year increase of 4.6%; net profit was 856 million yuan, a year-on-year decrease of 3.6%. After the performance release, the stock price rose by more than 5%. 2. On April 22, Guojin Securities pointed out that international geopolitical turmoil led to a year-on-year decrease in the number of operating days for the company's drilling platforms, but as geopolitical conflicts ease, the number of operating days and daily rates for drilling platforms are expected to improve. 3. On April 20, oil stocks generally fell, but international oil prices rebounded significantly after changes in the situation in the Strait of Hormuz, driving related stocks to recover. Oil stocks generally fell, but the rebound in oil prices led to recovery. Sinopec Oilfield Services rose 3.75%. Based on recent key news: 1. On April 20, tensions in the Middle East led to fluctuations in energy prices. Increasing internal divisions in Iran and unclear negotiation prospects affected market confidence, pushing oil prices up. Source: Zhitong Finance 2. On April 23, the blockade of the Strait of Hormuz intensified supply tightness. U.S. military blockade actions affected oil transportation, and Barclays expects oil prices to rise, supporting the increase in oil stocks. Source: Zhitong Finance 3. On April 21, a Citigroup report predicted that the ceasefire agreement would affect inventory. If the agreement is extended, inventory will decrease, and oil prices may rise, impacting market expectations. Source: Economic Information Agency. Geopolitical risks have intensified, leading to significant oil price fluctuations. Dali Pu Holdings fell 1.33%. Based on recent news, 1. On April 23, Dali Pu Holdings signed a strategic cooperation agreement for intelligent manufacturing of high-end energy equipment with KUKA Robotics. This cooperation will enhance production efficiency and product quality, optimize digital management, and strengthen core competitive advantages. Despite the strategic value of the cooperation, market reaction was poor, leading to a decline in stock price. 2. On April 22, Dali Pu Holdings announced that its subsidiary Dali Pu International signed a cooperation agreement with KUKA Robotics. KUKA will deploy AI technology-based intelligent three-dimensional warehouses and AGV automated guided systems for the Saudi project, promoting continuous improvement in operational cost structure However, investors are cautious about the short-term financial impact, putting pressure on the stock price. On April 21, Dalipu Holdings announced a collaboration with KUKA Robotics to carry out an intelligent manufacturing project in the SPARK Industrial Park in Dammam, Saudi Arabia. Despite the broad prospects for cooperation, the market has doubts about the project's implementation progress and actual returns, leading to a decline in the stock price. The market is cautious about the short-term financial impact. **Stocks ranked among the top in industry market capitalization** Anton Oilfield Services, with a market capitalization of HKD 3.212 billion, has had no significant news recently. The trading is active, and the capital flow is evident. Considering the sector and industry trends, the 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)