Oil and Gas Exploration and Production

UNITEDENERGY GP

UNITEDENERGY GP released FY2025 9 Months earnings on March 31 (BJT), actual revenue HKD 13.64 B, actual EPS HKD 0.0361

UNITEDENERGY GP released FY2025 Q3 earnings on March 31, 2026 (BJT), with actual revenue of HKD 5.552 B and EPS of HKD 0.0073

United Energy Group's Net Profit Decreased in 2025 Annual Report

UNITEDENERGY GP released FY2025 annual earnings on March 31 Pre-Market (BJT), actual revenue HKD 19.19 B (forecast HKD 16.17 B), actual EPS HKD 0.0435 (forecast HKD 0.124)

UNITEDENERGY GP released FY2025 Q4 earnings on March 31 Pre-Market (BJT), actual revenue HKD 5.552 B, actual EPS HKD 0.0073

S&P Puts United Energy Group on Negative Credit Watch List

UNITEDENERGY GP to Release FY2025 Earnings on March 31 Pre-Market (BJT), Forecast Revenue HKD 16.17 B, EPS HKD 0.124

S&P places Joint Energy Ratings on Negative Credit Watch due to Iraq's Oil and Gas Production Risks

Fitch Places China United Energy Group's Rating on Negative Watch

Kuwait Energy Basra Limited Secures $346 Million Loan to Support Iraq Oil Field Expansion

Union Energy Group Announces Q4 2025 and Q1 2026 Production Guidance

Union Energy Group Completes $346 Million Financing Drawdown

HKEX Disclosures Reveal Joint Energy Group's Largest Increase in Holdings and Greentown Service's Biggest Shareholding Ratio Increase

United Energy Plans to Issue US Dollar-denominated Preference Notes

Union Energy Group Receives BB- Long-Term Credit Rating from Fitch

Union Energy Group Receives S&P B+ Credit Rating With Stable Outlook

UNITEDENERGY GP released FY2025 Q1 earnings on August 29 (BJT), actual revenue HKD 4.044 B, actual EPS HKD 0.0144

UNITEDENERGY GP released FY2025 Q2 earnings on August 29 During-Market (BJT), actual revenue HKD 4.044 B, actual EPS HKD 0.0144

UNITEDENERGY GP released FY2025 Semi-Annual earnings on August 29 During-Market (BJT), actual revenue HKD 8.088 B, actual EPS HKD 0.0288

United Energy Group reports 27% fall in mid-year profits, share price pressured

HINSANG GROUP

RIVERINE CHINA

PASHUN INT RTS

BRAINAURORA-B

SOFTMEDX

GOLDENPOWER

ZHONGKE GROUP

VISION SYNERGY

GEMILANG INTL

GHPC

00467

United Energy Group Limited has scheduled its annual general meeting for June 5, 2026, in Hong Kong. The agenda includes presenting the audited financial statements for the year ending December 31, 2025, re-election of directors, and seeking approval for a mandate to issue up to 20% of existing share capital. This mandate aims to enhance the board's flexibility in financing and capital management, potentially impacting dilution and capital-raising capabilities. The company operates in the energy sector and is listed in Hong Kong under stock code 467, with a market cap of HK$12.99B.

Tip Ranks

United Energy Group Sets June 2026 AGM and Seeks Fresh Share Issuance Mandate

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On March 31, the three major Hong Kong stock indices collectively closed lower. Market sentiment was significantly pressured by macroeconomic data fluctuations and external environmental factors, with the Hang Seng Tech Index plunging to a near two-week low. The market displayed a clear characteristic of "heavyweight retreat, thematic activity": influenced by oil price volatility and performance expectations, the oil and gas sector and leaders such as YOFC were among the top decliners, while heavyweight tech stocks like Tencent, BABA-W, and Xiaomi also generally weakened. Overall, the market lacks upward momentum in the short term, and investors are focusing on sector rotation and structural opportunities guided by macroeconomic indicators

- On March 31, Hong Kong's three major indices fell collectively, with the Hang Seng Index closing at 24,788.14, showing a slight increase of 0.15%.  
- The Hang Seng Tech Index plummeted 0.86% to 4,649.82, reaching a near two-week low due to negative sentiment in the tech sector, while the China Enterprises Index dropped 0.30%.  
- Key stocks like Tencent and Baidu showed minor gains, but major declines were observed in stocks such as Xiaomi and Alibaba, confirming market pressures amidst external economic fluctuations.

LB Select

SENSETIME-W

KUAISHOU-W

BIDU-SWR

BABA-W

CNOOC

SYNAGISTICS

SEYOND

PATEO

CMON

C TRANSMISSION

RONGZUN INT’L H

YOFC

POP MART

BYD COMPANY

SMIC

Hong Kong Stock Market Closing | Three Major Indices Underperform, Tech and Oil/Gas Sectors Slump, Small-Cap Thematic Stocks Explode Against the Trend

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United Energy Group Posts Higher Revenue but Weaker Profit as MENA Assets Drive Growth

Yinhua CSI Oil & Gas Resources ETF

Guotai CSI Oil & Gas Industry ETF

Bosera CSI Oil & Gas Resources Index ETF

China Universal CSI Oil & Gas Resources ETF

United Energy Group Posts Higher Revenue but Weaker Profit as MENA Assets Drive Growth

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Today, Hong Kong's three major indices collectively trended lower, with market sentiment significantly pressured by the external environment and policy changes; the Hang Seng TECH Index retreated by nearly 0.5%. On the market front, the oil and gas sector fell across the board due to international oil price fluctuations, with CNOOC and UNITEDENERGY GP leading the declines. Internet giants diverged; while TENCENT rose slightly, its intraday short-selling turnover exceeded HK$3 billion, indicating intense long-short contention. Meanwhile, the market showed clear structural opportunities, with retailers and the AI sector performing actively. JST GROUP, COWELL, and other stocks surged significantly, while Asymchem jumped 12% against the trend, bolstered by strong earnings and dividend plans. Overall, competition among existing funds within the market intensified, and investor caution remained high, with capital flows tilting toward high-performance stocks and those supported by buybacks

- Hong Kong's major indices experienced significant adjustments, with the Hang Seng Index at 24,719.62, down 0.13%.  
- The oil and gas sector faced notable declines, influenced by international oil price fluctuations, while retail stocks showed volatility with significant gains for some companies.  
- Market sentiment remains cautious amid concerns over liquidity and external economic conditions, suggesting differentiated risk preferences and structural opportunities.

TENCENT

PHANCY

HORIZONROBOT-W

JST GROUP

COWELL

J&T EXPRESS-W

Asymchem

XIAOMI-W

ZIJIN GOLD INTL

ZIJIN MINING

MEITUAN

Hong Kong Stocks Intraday | Hong Kong's Three Major Indices Fall Across the Board: TENCENT Edges Up Against the Trend Amid Divergence, Oil and Gas Sector Plunges to Lead the Decline

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As of noon, the three major indices of the Hong Kong stock market have slightly retreated, with the Hang Seng Index down 0.48%, the Hang Seng Tech Index down 0.41%, and the China Enterprises Index down 0.01%. Overall market sentiment is cautious, with core blue-chip stocks Tencent Holdings and Alibaba rising against the trend. The performance of individual stocks in the power sector is mixed, and market turnover is concentrated in leading stocks such as Tencent, Alibaba, and CNOOC

- As of midday, Hong Kong stock indices slightly declined, reflecting cautious overall sentiment.  
- The Hang Seng Index fell 0.48% to 25,594.25, with the tech sector showing mixed performance, while notable gains were observed in oil and gas exploration stocks.  
- Investors focus on external economic changes and policy updates, adopting defensive strategies amidst heightened market volatility.

Market Pulse

Sunac China

CHINA LIFE

HKEX

CHALCO

LINGBAO GOLD

ChinaAMC Hang Seng Technology ETF(QDII)

KraneShares 2x Long BABA Daily ETF

HSTECH ETF

Alibaba

Hang Seng China Enterprises Index

ISHARESHSTECH

Tencent

Dacheng Hang Seng Technology ETF(QDII)

Hang Seng TECH ETF I

Tencent Holdings Limited

CAM HS TECH

CSOP HS TECH

Huatai-PB CSOP Hang Seng Technology ETF(QDII)

Hang Seng TECH Index

GX HS TECH

Tianhong Hang Seng TECH ETF(QDII)

Hang Seng Index

Penghua CSI HK Equities Technology ETF

Hong Kong Stock Midday Review | Hang Seng Index down 0.48%, Tencent and Alibaba rise against the trend

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On March 13th, during the Hong Kong stock market, the three major indices showed a mixed and fluctuating trend. The internet content and retail sectors performed actively, with Tencent Holdings rising 1.46% and Alibaba rising 1.82%, boosting the sentiment in the technology sector. Market transactions focused on heavyweight leaders, and the overall bullish momentum still needs to be observed in conjunction with subsequent trading volume

- As of March 13, Hong Kong stocks showed mixed performance with the Hang Seng Index at 25,657.06, down 0.23%.  
- The internet content sector saw gains, with major companies like Tencent and Alibaba leading the market, reflecting a trend towards core tech assets amid fluctuations.  
- Investor focus remains on economic recovery, foreign trade, and consumption data, influenced by changes in risk sentiment and policy dynamics.

JD-SW

SINOFERT

CH ENERGY ENG

GEELY AUTO

KINGSOFT CLOUD

FL2 CSOP HSI

FI2 CSOP HSI

Hwabao CSI HK Equities Internet ETF

E Fund CSI HK Connect Internet ETF

FI CSOP HSI

BABA 2x Long Daily ETF - GraniteShares

Hong Kong Stock Market Intraday | The Hang Seng Index fluctuates within a narrow range, with Tencent and Alibaba both rising, driving the sector stronger

Fitch Ratings has placed UNITEDENERGY GP's long-term issuer default rating of "BB-" and senior unsecured rating on negative watch due to the potential severe impact on the company's business and financial condition from the prolonged closure of the Strait of Hormuz. Nevertheless, Fitch expects that by the end of 2025, UNITEDENERGY GP's cash will be sufficient to cover short-term debt, and there are no significant loan maturities within the next 12 months. Fitch will closely monitor the security situation in Iraq and the status of the strait, as a deterioration in the environment could trigger negative rating actions

AASTOCKS

Fitch Ratings places UNITEDENERGY GP on negative rating watch

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DEEPEXI TECH(01384) fell 17.9%, with a trading turnover 409.3 Million HKD, and a year-to-date rose 34.6%. SHANDONG MOLONG(00568) fell 13.1%, with a trading turnover 4.8 Billion HKD, and a year-to-date rose 184.5%. PATEO(02889) fell 12.61%, with a trading turnover 34.6 Million HKD, and a year-to-date fell 6.9%.

Top Gainers&Losers

DEEPEXI TECH

SHANDONG MOLONG

QIDIAN GUOFENG

AGTECH HOLDINGS

BEIJING AIRPORT

SINOPEC SSC

SUNAC SERVICES

GREENTOWN MGMT

Top 10 HK Stock Losers (3.10)

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As of noon, the three major indices of the Hong Kong stock market rebounded collectively, with the Hang Seng Index rising 1.56% to 25,804.66 points. The internet content and retail sectors performed strongly, with Tencent Holdings leading the blue chips with a 5.72% increase, and Alibaba rising 3.03%. Although market bullish sentiment has rebounded, the index has not yet confirmed an upward breakout. In the afternoon, attention will be on whether funds can continue to increase and challenge previous highs

- As of midday, Hong Kong's three major indices continued their rebound, with the Hang Seng Index at 25,804.66 points, up 1.56%.  
- The internet content and information sector led gains, driven by positive earnings expectations from major companies like Tencent and Baidu, while the oil and gas exploration sector faced declines amid weakening oil prices.  
- Overall, investor sentiment is influenced by macroeconomic indicators, with a focus on liquidity conditions and the ongoing economic recovery amidst external market uncertainties.

BIDU-SW

ILUVATAR COREX

QUANTGROUP

3SBIO

CHK OIL

Hang Seng Composite Index

Hong Kong Stock Midday Review | Hang Seng Index rises 1.56%, led by the internet sector, Tencent rises 5.72%

UNITEDENERGY GP(00467.HK)

United Energy Group Sets June 2026 AGM and Seeks Fresh Share Issuance Mandate

Hong Kong Stock Market Closing | Three Major Indices Underperform, Tech and Oil/Gas Sectors Slump, Small-Cap Thematic Stocks Explode Against the Trend

United Energy Group Posts Higher Revenue but Weaker Profit as MENA Assets Drive Growth

Hong Kong Stocks Intraday | Hong Kong's Three Major Indices Fall Across the Board: TENCENT Edges Up Against the Trend Amid Divergence, Oil and Gas Sector Plunges to Lead the Decline

Hong Kong Stock Midday Review | Hang Seng Index down 0.48%, Tencent and Alibaba rise against the trend

Hong Kong Stock Market Intraday | The Hang Seng Index fluctuates within a narrow range, with Tencent and Alibaba both rising, driving the sector stronger

Fitch Ratings places UNITEDENERGY GP on negative rating watch

Top 10 HK Stock Losers (3.10)

Hong Kong Stock Midday Review | Hang Seng Index rises 1.56%, led by the internet sector, Tencent rises 5.72%