JPPETCH@EP2701A

China National Petroleum Reports Record-Breaking 2025 Annual Report

PETROCHINA to Release FY2026 Q1 Earnings on April 29 During-Market (BJT), Forecast Revenue HKD 892.33 B, EPS HKD 0.306

DBS Upgrades CNPC Earnings Forecast and Maintains Buy Rating

First Shanghai Securities and DBS Maintain Buy Rating for PetroChina

Kela 2-5 Well in Tarim Oilfield of PetroChina Exceeds 100 Billion Cubic Meters of Natural Gas Production

China National Petroleum Corporation 增持中国石油股票

HTI Publishes Forecast and Valuation Report on PetroChina's Future Performance

China National Petroleum Supplies UAE Crude Oil to Singapore Refinery to Compensate for Shortage Caused by Iran War

Morningstar Raises Fair Value Forecast for China National Petroleum Corporation

JPMorgan Maintains Overweight Rating on CNOOC

CEO Dai Houliang of PetroChina Expresses Confidence in Market Conditions and Business Structure

CNPC Chairman Dai Houliang Introduces Oil and Gas Sources and Supply Chain Security Measures

UBS Raises Profit Forecast for PetroChina and Maintains Buy Rating

Cinda Securities Raises PetroChina's Earnings Forecast and Target Price for 2026-2028

China National Petroleum to Provide 172.5 Billion Yuan in Guarantees for Subsidiaries

China National Petroleum Corporation Releases 2025 ESG Report, Green Transition Strategy Investment Up 72%

PetroChina released FY2025 earnings on March 29 During-Market (BJT), actual revenue HKD 3.131 T (forecast HKD 3.163 T), actual EPS HKD 0.9394 (forecast HKD 0.9372)

PETROCHINA released FY2025 Q4 earnings on March 29 During-Market (BJT), actual revenue HKD 773.1 B (forecast HKD 789.17 B), actual EPS HKD 0.1889 (forecast HKD 0.1556)

Sinopec Adjusts Procurement Strategy to Address Oil Supply Disruption Through Strait of Hormuz

Sinopec Processed 250 Million Tons of Crude Oil in a Year

QINGDAO HLDGS

QIANHAI HEALTH

GUOXIA TECH

BITSTRAT HLDGS

KIN SHING HLDGS

AV CONCEPT HOLD

DATRONIX HOLD

HAITIAN ANTENNA

PRODUCTIVE TECH

INVESTECH HLDGS

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At market close, the HSI rose 62 points to 25,978, while the HSTI increased by 36 points to 4,902. Notable gainers included SMIC, which surged over 10%, and several stocks like PetroChina, Haixi Pharma, ASMPT, and Kingboard Holdings reached new highs. Market turnover was $236.72 billion, with active heavyweights like CCB and BABA showing positive movements, while Meituan and Tencent experienced slight declines. Overall, the market showed a positive trend with significant activity in various sectors.

AASTOCKS News

PETROCHINA

SMIC

HSI Closes at 25,978, Up 62 pts; HSTI Closes at 4,902, Up 36 pts; SMIC Up over 10%; PETROCHINA, HAIXI PHARMA, ASMPT, KINGBOARD HLDG Hit New Highs; Market Turnover Rises

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China is strategically enhancing its ties with Turkmenistan, highlighted by three significant events in March and April. On March 18, President Xi Jinping met with Turkmenistan's Chairman Gurbanguly Berdimuhamedov in Beijing. Following this, on March 24, a contract was authorized with China National Petroleum Corp for Phase IV of the Galkynysh gas field. Finally, from April 15-17, Vice-Premier Ding Xuexiang visited Turkmenistan for the gas field's groundbreaking ceremony and co-chaired a bilateral cooperation meeting.

Businesstimes News

Sinopec Corp.

SINOPEC CORP

China’s Eurasian hedge runs through Turkmenistan

PetroChina Company Limited has announced a final ordinary dividend of RMB 0.25 per share for the financial year ending December 31, 2025, pending shareholder approval on June 9, 2026. The dividend for H shares will be paid in HKD on July 31, 2026, with the ex-dividend date set for June 18, 2026. A tiered withholding tax framework for non-resident shareholders has been detailed. The stock is rated a Buy with a price target of HK$12.20.

Tip Ranks

PetroCN HK SDR 1to2

PetroChina Sets Final 2025 Dividend and Tax Terms for H Shareholders

01888

02338

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02513

09926

00100

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09868

01801

KB LAMINATES(01888) rose 10.63%, with a trading turnover 1.8 Billion HKD, and a year-to-date rose 158.8%. WEICHAI POWER(02338) rose 6.76%, with a trading turnover 1.1 Billion HKD, and a year-to-date rose 87.6%. AKESO(09926) fell 12.66%, with a trading turnover 3.1 Billion HKD, and a year-to-date rose 15.4%. MINIMAX-W(00100) fell 7.49%, with a trading turnover 1.5 Billion HKD, and a year-to-date rose 420.3%.

- The Hang Seng Index fell by 0.95%, with a year-to-date increase of 1.1%, while the Hang Seng Tech Index decreased by 1.98%, down 11.8% for the year.  
- Jian Tao Jici Ban (01888) rose by 10.63% with a trading volume of 1.76 billion HKD, marking a 158.8% year-to-date increase.  
- Weichai Power (02338) increased by 6.76% with a trading volume of 1.06 billion HKD, showing a 87.6% year-to-date rise, whereas Kangfang Biotech (09926) declined by 12.66%.

Top Gainers & Losers

KB LAMINATES

WEICHAI POWER

YANKUANG ENERGY

KNOWLEDGE ATLAS

AKESO

MINIMAX-W

BIREN TECH

XPENG-W

INNOVENT BIO

Top 5 HK Stock Gainers/Losers (>100B) (4.23)

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01347

02600

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KNOWLEDGE ATLAS(02513) rose 9.43%, with a trading turnover 2.0 Billion HKD, and a year-to-date rose 739.1%. COSCO SHIP ENGY(01138) rose 6.99%, with a trading turnover 605.9 Million HKD, and a year-to-date rose 100.9%. CHALCO(02600) fell 4.58%, with a trading turnover 375.3 Million HKD, and a year-to-date rose 1.1%. CHINA COAL(01898) fell 4.11%, with a trading turnover 548.7 Million HKD, and a year-to-date rose 29%.

- The Hang Seng Index increased by 0.77%, with a year-to-date gain of 2.9%.  
- The Hang Seng Technology Index rose by 0.46%, but it has a year-to-date decline of 8.2%.  
- Notable company performances include Zhihu (02513) up 9.43% with a total transaction volume of HKD 2.01 billion and a year-to-date rise of 739.1%, while China Aluminum (02600) fell by 4.58%.

COSCO SHIP ENGY

NONGFU SPRING

HUA HONG SEMI

CHALCO

CHINA COAL

MUYUAN

JD LOGISTICS

Top 5 HK Stock Gainers/Losers (>100B) (4.20)

600938

00883

Reuters

CNOOC

London Stock Exchange Group plc

China curtailing, not banning fuel exports, shipping data shows

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YANG

The Hang Seng Index opened 44 points higher at 26,204 points, while the National Index opened 11 points higher at 8,856 points. Among oil stocks, PetroChina and CNOOC opened down 2.5% and 1.5%, respectively. In the technology sector, Tencent and Alibaba opened down 0.2% and 0.5%, while JD.com, Baidu, and NetEase opened up 0.4% to 0.7%. MiniMax opened 3.6% higher, and optical communication stock Cambridge Technology opened 7.6% higher. BYD and XPeng opened up 1% and 1.1%, respectively, while financial stock HSBC opened 0.7% higher

AASTOCKS

CNOOC F13 N4305

Direxion FTSE China Bear 3X

"Hong Kong Stocks" Hang Seng Index opened high at 44 points, oil stocks fell, MiniMax rose over 3%

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The Civil Aviation Authority of Việt Nam (CAAV) has requested China to ensure a stable supply of aviation fuel to Vietnamese importers amid disruptions caused by the Middle East conflict. In a letter to China's Civil Aviation Administration, CAAV Director General Uông Việt Dũng emphasized the importance of cooperation between the two nations and requested that suppliers like Sinopec and PetroChina maintain fuel supplies. The CAAV noted that aviation fuel constitutes 35-40% of airline operating costs, and rising prices could increase costs by 40% compared to pre-conflict levels.

Vietnam News

SINOPEC N2911

SINOPEC N3101

SINOPEC N5101

SINOPEC N4908

SINOPEC N4504

SINOPEC N3005

SINOPEC N5005

SINOPEC N4709

SINOPEC N2809

SINOPEC N4911

SINOPEC N4704

SINOPEC N4205

SINOPEC N2704

SINOPEC N4605

SINOPEC N2609

SINOPEC N4310

SINOPEC N2908

SINOPEC N2605

SINOPEC N4809

SINOPEC N2709

CNOOC-R

Civil Aviation Authority of Việt Nam requests China to maintain aviation fuel supply

EMLP

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Find insight on PetroChina, S-Oil and more in the latest Market Talks covering energy and utilities.

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Yinhua CSI Oil & Gas Resources ETF

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ChinaAMC CSI Petrochemical Industry ETF

China Universal CSI Oil & Gas Resources ETF

Energy & utilities roundup: Market talk

First Shanghai Securities has maintained a Buy rating for PetroChina Company (PCCYF) with a price target of HK$13.20, while the shares closed at HK$10.80. Additionally, DBS analyst Pei Hwa Ho also issued a Buy rating for the company. However, TipRanks – Anthropic reiterated a Hold rating on April 4.

First Shanghai Securities Sticks to Their Buy Rating for PetroChina Company (PCCYF)

The oil market is facing a significant challenge as the price of WTI crude remains under $100, while physical market prices are much higher, trading between $126 and $140 per barrel. This discrepancy, driven by geopolitical tensions and restricted access via the Strait of Hormuz, could lead to a volatile market reaction if US-Iran peace talks do not yield positive results by the April 21 cutoff. Traders are currently optimistic, but a lack of breakthroughs may trigger a scramble for contracts, potentially causing a sharp price spike.

Investinglive

VG Energy

Occidental Petroleum

SPDR O&G Equip

Us Brent Oil

Global X MLP

BP p.l.c.

United States Oil Fund LP

ISHRS S&P Glb Engy

GLOBAL X MLP & Energy Infra

HSPC

iShares US Oil & Gas Expl & Prod

SPDR O&G Ex & Prd

VanEck Oil Refiners ETF

Alerian MLP

ZPEC

VanEck Oil Services ETF

Us Natural Gas

Tong Petrotech

Tortoise N Americ Pipe

SPDR Energy Select

Pro Ultr Bloomberg Crude Oil

iShares US Oil Equip & Svcs

The oil market faces a major reckoning if US-Iran peace talks fail

40221

China lets state oil firms tap commercial reserves as Iran war drags on, Bloomberg News reports

Sinopec Parent Lifts Stake to Nearly 70% in Listed Unit

SINOPEC SSC

Sinopec Parent Lifts Stake to Nearly 70% in Listed Unit

Featured

PetroChina above HKD 10.6 now 😁.

Fattycat

BABA Return Rate

BABA Diamond Holder

$PETROCHINA(00857.HK)🛢️ PetroChina: A “Chevron-Lite” Value Play or a Peak Bull Run?PetroChina is at a critical crossroads. As an integrated energy giant, it mirrors the robust business model of Chevron (CVX). Spanning from upstream exploration to downstream refining and yet it continues to trade at significantly lower valuations compared to its US peers.🔷Technical Snapshots: Looking at the 1H and 4H charts, the honeymoon phase of the early 2026 rally is hitting resistance.❤️ Bollinger Bands: Price is hugging the lower band (10.21–10.25), signaling short-term bearish momentum. It has dropped below the 20 SMA (blue line), which now acts as resistance at 10.43–10.66.❤️ Price Action: We are seeing “Lower Highs” since the April peak near 11.40. If the 10.20 support breaks, a slide toward 9.50 is possible.🔷 Fundamentals Snapshots:The “Middle East Premium” is back. With escalating tensions in the Middle East and concerns over the Strait of Hormuz, oil supply remains fragile.❤️ Geopolitical Hedge: Like Chevron, PetroChina benefits from high Brent prices. Any supply disruption directly boosts upstream margins.❤️ The Value Gap: Despite a similar diversified revenue stream to Chevron, PetroChina remains undervalued due to a “China Discount,” offering a high-dividend alternative for value seekers.🔷 The VerdictPetroChina is Neutral-Bullish. While technicals suggest a “cooling off” period, its massive valuation gap and the geopolitical safety cushion make it a compelling long-term hold.Strategy: Don’t chase the red. Look for a bounce-back above 10.60 or wait for a stronger base at 10.00.Not financial advice. Always do your own DD!

Chevron

The boat for long term investing of S-REITs have came back to port again. Buying at this level has little downside and would offer a larger margin of safety when mean reversion occurs.

LazyCat

Dividend Collector

Current rate of return reached top 50% of users
Calculated based on  your Longbridge (Singapore) A/C

Rate Of Return

Meta has increased its investment in Texas data centers to $10 billion (a 6x increase) — making a big bet on AI infrastructure, which is an important reason for the decline in Meta's stock. Subsequent attention should be paid to changes in AI spending by tech stocks for effective investment risk assessment.

Apple

Tiffany lover

SingTel

Total asset size ranks among the top 3% of account holders
Calculated based on  your Longbridge (Singapore) A/C

Total Assets

S-Reit can drop further if the Iran war does not settle. Long War, higher oil prices, higher inflation, RATE HIKE!!! Real Estate will suffer!

JoanneChe

Current rate of return reached top 90% of users
Calculated based on  your Longbridge (Singapore) A/C

Total asset size ranks among the top 5% of account holders
Calculated based on  your Longbridge (Singapore) A/C

🇺🇸🇭🇰🇸🇬 Big moves across US, HK, SG markets. Join the chat &amp; earn Task Coins!

MEITUAN

Meituan

☕️ Daily Market Talk | Mar 27, 2026

JPPETCH@EP2701A(28273.HK)

JPPETCH@EP2701A Stock Performance Chart

HSI Closes at 25,978, Up 62 pts; HSTI Closes at 4,902, Up 36 pts; SMIC Up over 10%; PETROCHINA, HAIXI PHARMA, ASMPT, KINGBOARD HLDG Hit New Highs; Market Turnover Rises

China’s Eurasian hedge runs through Turkmenistan

PetroChina Sets Final 2025 Dividend and Tax Terms for H Shareholders

Top 5 HK Stock Gainers/Losers (>100B) (4.23)

Top 5 HK Stock Gainers/Losers (>100B) (4.20)