JPPETCH@EC2702A

UNI HEALTH

QUANTGROUP

AE LOGISTICS

XUNCE

KINTOR PHARMA-B

XunZhong

ILUVATAR COREX

HP LIVING TECH

NANFANG COMM

ZHAOWEI

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YOFC(06869) rose 24.33%, with a trading turnover 6.9 Billion HKD, and a year-to-date rose 242%. MINIMAX-WP(00100) rose 22.37%, with a trading turnover 4.3 Billion HKD, and a year-to-date rose 639.4%. CHALCO(02600) fell 3.58%, with a trading turnover 754.5 Million HKD, and a year-to-date rose 8.4%. PETROCHINA(00857) fell 3.57%, with a trading turnover 2.3 Billion HKD, and a year-to-date rose 22.4%.

Top Gainers & Losers

YOFC

MINIMAX-WP

KNOWLEDGE ATLAS

AKESO

MONTAGE TECH

CHALCO

PETROCHINA

CHINA COAL

MUYUAN

CHINA SHENHUA

Top 5 HK Stock Gainers/Losers (>100B) (3.10)

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The National Development and Reform Commission of China announced that starting from March 9 at 24:00, the retail prices of gasoline and diesel will be increased by 695 yuan and 670 yuan per ton, respectively, marking the largest single increase since March 2022 and the fourth consecutive increase this year. Companies such as PetroChina, Sinopec, and CNOOC will ensure the production and supply of refined oil, and relevant departments will strengthen market supervision to maintain the implementation of price policies

Tasty Money

CNOOC

Sinopec Corp.

SINOPEC CORP

The mainland will raise the price of refined oil starting at midnight, with gasoline increasing by 695 yuan per ton

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Deutsche Bank warns that the oil price trend bears "striking similarities" to the oil crises of the 1970s: both storms occurred 4-5 years after a surge in inflation, with the epicenter pointing to Iran. However, Deutsche Bank notes that current inflation expectations are stable and the economy is more resilient, making it unlikely to easily fall into the stagflation nightmare caused by the "wage-price spiral" of the 1970s

- Recent fluctuations in oil prices have drawn parallels to the stagflation era of the 1970s, according to Deutsche Bank's Jim Reid.  
- Reid indicates that while the current global energy market resembles the trajectory preceding the second oil crisis, economic structures have changed significantly, suggesting that a repeat of 1970s-style stagflation is unlikely.  
- He emphasizes that the historical cycles could depend on the duration of the current conflict, as market pricing does not completely reflect the risks of prolonged supply disruptions.

Wallstreetcn

ZPEC

Bosera CSI Oil & Gas Resources Index ETF

Exxon Mobil

Direxion Daily Energy Bull 2X

SINOPEC SSC

Chevron

VG Energy

Guotai CSI Oil & Gas Industry ETF

VanEck Oil Services ETF

BP p.l.c. ADRhedged

ISHRS S&P Glb Engy

China Universal CSI Oil & Gas Resources ETF

SHANGHAI PECHEM

Invesco Great Wall CNI Oil&Gas ETF

Pro Ultr Bloomberg Crude Oil

E Fund CSI Petrochemical Industry ETF

VanEck Oil Refiners ETF

United States Oil Fund LP

Shell plc ADRhedged

Shell

iShares US Oil Equip & Svcs

Astonishing historical similarities! After the surge in oil prices, will the "1970s stagflation nightmare" reoccur?

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Oil and gas equipment and service stocks significantly retraced today after a sharp rise yesterday, with Shandong Molong down 17.53% and PETRO-KING down 20.75%. International oil prices fell by about 10% due to Trump's statement that the war with Iran may end and consideration of easing sanctions on Russian oil. CHK OIL dropped 20.19%, and SINOPEC SSC fell 7.56%. Both CNOOC and PETROCHINA were down over 2%

AASTOCKS

PETRO-KING

SHANDONG MOLONG

Shandong Molong

ChinaAMC CSI Petrochemical Industry ETF

Yinhua CSI Oil & Gas Resources ETF

CHK OIL

Oil service stocks significantly retraced, Shandong Molong fell 17%, PETRO-KING dropped 21%

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The three major A-share indices opened higher, with the Shanghai Composite Index at 4,098 points, the Shenzhen Component Index at 14,239 points, and the ChiNext Index at 3,281 points. The central parity rate of the RMB against the USD was reported at 6.8982, reaching a new high for 2023. CATL opened 4.9% higher and plans to distribute a cash dividend of 69.57 yuan. The three major oil companies opened lower due to a decline in international oil prices, with CNOOC dropping nearly 10%. Power and grid equipment stocks continued to rise, with GCLET opening 3.9% higher

CATL

GCLET

The three major A-share indices of Shanghai and Shenzhen opened higher, with the ChiNext rising 2.3%. The three oil giants quickly rebounded, and CATL rose nearly 5% after earnings

G7 finance ministers, led by Japanese Finance Minister Satsuki Katayama, are urging relevant departments to coordinate the release of emergency oil reserves in response to the impact of the Middle East situation on global trade and economic conditions. A joint statement from the G7 will outline specific measures, including the release of these reserves.

CoinLive

G7 finance ministers will push relevant departments to coordinate the release of emergency oil reserves.

Chinese energy stocks surged as Middle East tensions drove crude oil prices to a near four-year high. China National Offshore Oil Corporation rose 7.1%, PetroChina increased by 5%, and Sinopec gained 1.7%. Since March, CNOOC's stock has climbed 21%, while PetroChina and Sinopec have risen 19% and 8%, respectively. Crude oil prices soared nearly 30% to around $120 per barrel, influenced by military actions in Iran and production cuts from UAE and Kuwait. Future price movements depend on the resumption of shipping through the Strait of Hormuz, with potential for significant global supply shortages if disruptions continue.

Yicai

Chinese Oil, Gas Stocks Surge as Middle East Crisis Drives Up Prices

China makes biggest retail fuel price cap increase in four years amid Iran war

marketscreener

China Universal CSI Energy ETF

ICBCCS CSI Guoxin Central-SOEs Modern Energy ETF

GF CSI All Share Energy ETF

Penghua CNI Oil&Gas ETF

China makes biggest retail fuel price cap increase in four years amid Iran war

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The Hang Seng Index closed down 348 points, influenced by the situation in the Middle East, with international oil prices surpassing $100, leading to a general decline in Asian stock markets. Hong Kong stocks once fell by 851 points, hitting a low of 24,906 points, but due to significant buying from northbound capital and some AI application stocks rising against the trend, it ultimately closed at 25,408 points. The trading volume increased to HKD 392.3 billion, with northbound capital turning into an inflow of HKD 37.214 billion. Some oil stocks rose against the trend, with CNOOC up 3.3% and PetroChina up 2.3%. Most blue-chip newcomers weakened, with China Molybdenum down 5.2%

Stheadline

Hang Seng Index

CNOOC F13 N4305

CNOOC F13 N2909

CNOOC F03 N3305

China Southern Hang Seng ETF

The Hang Seng Index closed down 348 points, AI application stocks were favored against the trend, and new Hong Kong Stock Connect stocks were speculated, with XunCe soaring by 50% | Hong Kong Stock Market Opening

Hong Kong stocks fell due to pressure from external markets, with the Hang Seng Index closing down 348 points at 25,408 points. The National Index and the Hang Seng Tech Index fell by 46 points and 5 points, respectively. The total trading volume for the day was HKD 392.33 billion. Oil prices surpassed USD 100 per barrel, leading to mixed performance among oil stocks, with PetroChina and CNOOC rising, while Kunlun Energy and Sinopec Corp. fell. Financial stocks generally declined, and real estate stocks were also affected by inflation concerns

"Hong Kong Stocks" Hang Seng Index closed down 348 points, OpenClaw concept heated up, MiniMax rose 24% against the trend

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The Hang Seng Index closed at 25,408 points, down 348 points or 1.4%. The Hang Seng TECH Index reported 4,941 points, down 5 points or 0.1%. The total market turnover was HKD 392.33 billion. Among the active heavyweight stocks, PING AN fell 3.1%, MEITUAN rose 2.4%, and Alibaba fell 1.5%. XPeng rose 5.7%, and CHINA SHENHUA hit a new high, closing at HKD 46.62, up 3.3%

Hang Seng TECH Index

PING AN

BABA-W

YANCOAL AUS

MEITUAN

XPENG-W

YANKUANG ENERGY

According to the "All-Day Express," the Hang Seng Index fell by 348 points; the Hang Seng TECH Index dropped by 5 points. PING AN fell over 3%, while CHINA SHENHUA, PETROCHINA, YANCOAL AUS, and YANKUANG ENERGY reached new highs with active trading

FENY

AMLP

President Donald Trump dismissed concerns about soaring oil prices, saying it was only a short-term issue and a “small price to pay” for the destruction of Iran’s “nuclear threat.”

Fidelity MSCI Energy Index

Global X MLP

iShares US Oil & Gas Expl & Prod

SPDR Energy Select

Invesco Oil & Gas Services ETF

Us Brent Oil

GLOBAL X MLP & Energy Infra

Alerian MLP

SPDR O&G Equip

SPDR O&G Ex & Prd

Global oil prices soar to highest level since 2022 as Iran war continues to escalate

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Hong Kong stocks are under pressure during the trading session, with all three major indices retreating collectively. The Hang Seng Index fell by 1.59%, while the Hang Seng Tech Index showed resilience with a slight pullback. The oil and gas exploration sector strengthened against the trend, driven by rising energy prices, with SHANDONG MOLONG and CNOOC being active. TENCENT's trading volume exceeded HKD 12.5 billion, as overall market risk aversion increased, focusing on macro and external risks

- Hong Kong stocks are under pressure, with major indices retreating; the Hang Seng Index is at 25,347.42, down 1.59%.  
- The oil and gas exploration sector is gaining, driven by rising energy prices, while retail stocks are declining due to weak consumer demand.  
- Key stocks include Shandong Molong up 23.73% and CNOOC up 2.93%, whereas Tencent is down 0.77%, indicating mixed investor sentiment amid cautious market conditions.

Market Heartbeat

TENCENT

KUAISHOU-W

JD-SW

XIAOMI-W

Tencent Holdings Limited

Tencent

Hong Kong Stock Market Update | Hang Seng Index down 1.59%, oil and gas stocks strengthen, Tencent's trading volume exceeds 12.5 billion

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Asian energy stocks surged as oil prices soared past $100 a barrel amid escalating Middle East conflict, raising concerns over supply disruptions. Major companies like Cnooc, PetroChina, and Sinopec saw significant gains in both mainland and Hong Kong markets. Investors are reacting to potential lasting damage to energy infrastructure, particularly in the Strait of Hormuz, which is crucial for global oil transport. Analysts warn that prolonged conflict could severely impact global oil supply, affecting net oil-importing Asian economies.

MorningStar

SINOPEC N4704

SINOPEC N3005

SINOPEC N2911

Asian Energy Stocks Surge, Mirroring Oil Prices as Mideast Conflict Grows

Fearing Western sanctions, China's oil giants suspend seaborne Russian oil purchases

S&P 500

PetroCN HK SDR 1to2

Oil control

JPPETCH@EC2702A(26794.HK)

Top 5 HK Stock Gainers/Losers (>100B) (3.10)

The mainland will raise the price of refined oil starting at midnight, with gasoline increasing by 695 yuan per ton

Astonishing historical similarities! After the surge in oil prices, will the "1970s stagflation nightmare" reoccur?

Oil service stocks significantly retraced, Shandong Molong fell 17%, PETRO-KING dropped 21%

The three major A-share indices of Shanghai and Shenzhen opened higher, with the ChiNext rising 2.3%. The three oil giants quickly rebounded, and CATL rose nearly 5% after earnings