UB#PETCHRP2705B

PetroChina Accelerates Green Transition, New Energy Business Speeds Up with Leading Carbon Management

CNPC Tarim Oilfield 2026 Cumulative Green Power Output Exceeds 1.1 Billion kWh

CNPC's Fan Shihong under investigation for serious violations of discipline and law

China National Petroleum Corp Subsidiary Establishes Shanghai Kunqing Gas Turbine Technology Co., Ltd.

Huawei China Tour 2026 Guizhou AI Innovation Summit Held in Guiyang

Jilin Governor Hu Yuting Meets CNPC Chairman Dai Houliang to Discuss Deepening Cooperation in Green Energy and Other Fields

Kunlun Tongzhou Bay Strategic New-Economy Equity Investment Fund Established, with a Capital of 1 Billion Yuan

Kunlun GONGRONG Dianhang Strategic New Fund Partnership Established

BOCI Raises PetroChina Target Price to HKD12.85 and Maintains Buy Rating

BOC International Raises Profit Forecast for CNOOC 2026-2028

HSBC Research Maintains Buy Rating and Upgrades Target Price for PetroChina H Shares

China Everbright Securities Publishes Report Analyzing PetroChina's Q1 2026 Earnings at New High

China Authorizes State-owned Refiners to Export 5 Million Tons of Fuel to Alleviate Supply Issues

CLSA Reports: PetroChina's First Quarter Performance Robust, Stronger Q2 Growth Expected

China National Petroleum Corporation Holds Meeting to Emphasize Supply Security and External Challenges

China National Petroleum Corporation Q1 2026 Net Profit Grows Amid Revenue Decline

PetroChina released FY2026 Q1 earnings on April 29 During-Market (BJT), actual revenue HKD 834.87 B (forecast HKD 889.34 B), actual EPS HKD 0.2993 (forecast HKD 0.3061)

ONE MEDIA GROUP

WT GROUP

ROBOTPHOENIX

GW TIANDI

HAITIAN ANTENNA

DIT GROUP

E-HOUSE ENT

PROSPER FUTURE

MININGLAMP-W

REDCO HEALTHY

00857

601857

TCTZF

The Hang Seng Index opened up 252 points (1.04%) following a surge in US equities after the cancellation of a planned US attack on Iran. Chipmakers led gains, with XL2CSOPHYNIX and XL2CSOPSMSN rising nearly 15%. Tencent gained ~2%, while Chow Tai Fook rose over 5% on strong profit growth. Conversely, PetroChina dipped slightly amid easing Middle East tensions.

AASTOCKS News

PETROCHINA

Tencent Holdings Limited

CHOW TAI FOOK

Hang Seng Index

XL2CSOPHYNIX

FL2 CSOP HSI

FI2 CSOP HSI

ISHARESHSI

TRACKER FUND

FI CSOP HSI

TENCENT

XL2CSOPSMSN

Dow Jones Industrial Average

Hang Seng China Enterprises Index

Hang Seng TECH Index

SMIC

HUA HONG GRACE

MONTAGE TECH

GIGADEVICE

BABA-W

KUAISHOU-W

LAOPU GOLD

LENOVO GROUP

SUNNY OPTICAL

Tencent

TENCENT-R

Tencent HK SDR 10to1

SMIC HK SDR 5to1

Hua Hong Grace

Montage Technology

Alibaba

BABA-WR

Alibaba HK SDR 5to1

KUAISHOU-WR

Laopu Gld HK SDR 50to1

LENOVO GROUP-R

Lenovo Group

PetroCN HK SDR 1to2

HSI Opens Up 252 pts; TENCENT Gains ~2%; XL2CSOPHYNIX, XL2CSOPSMSN Up 15%

1605

Woodside Energy will exercise its right to preemptively buy PetroChina's 10.67% stake in the Browse LNG joint venture, blocking a planned sale to Japan's Inpex. Woodside will pay PetroChina US$225 million plus reimbursements, with an additional US$175 million contingent on a final investment decision by June 2032. Upon completion, Woodside's ownership in the Browse JV will rise to 41.27%.

MorningStar

INPEX CORPORATION

Woodside Energy

Woodside Energy to Buy PetroChina's Stake in Browse LNG Project

PetroChina (HK:0857) has reshuffled its board committees, appointing new chairs and members to key oversight bodies including nomination, audit, risk management, investment, remuneration, and sustainable development. Chairman Dai Houliang now leads the nomination committee. These changes aim to strengthen governance, refine risk management, and align with corporate priorities. The latest analyst rating for PetroChina is a Buy with a HK$14.50 price target.

Tip Ranks

PetroChina Reshapes Board Committees to Strengthen Governance Oversight

01888

02476

09903

06869

03808

02513

00100

06082

01171

KB LAMINATES(01888) rose 12.6%, with a trading turnover 4.8 Billion HKD, and a year-to-date rose 377.6%. VGT(02476) rose 12.53%, with a trading turnover 2.3 Billion HKD, and a year-to-date rose 81.4%. KNOWLEDGE ATLAS(02513) fell 13.55%, with a trading turnover 3.8 Billion HKD, and a year-to-date rose 877.6%. MINIMAX-W(00100) fell 8.58%, with a trading turnover 1.2 Billion HKD, and a year-to-date rose 181.5%.

Top Gainers&Losers

KB LAMINATES

ILUVATAR COREX

YOFC

SINOTRUK

KNOWLEDGE ATLAS

MINIMAX-W

BIREN TECH

YANKUANG ENERGY

Top 5 HK Stock Gainers/Losers (>100B) (6.9)

Chevron and Exxon executives warn that oil buffers are nearly exhausted, raising the risk of a sharp price surge in June and July. Despite growing optimism over a potential U.S.-Iran ceasefire extension causing recent price dips, supply risks persist due to low Strait of Hormuz flows and multi-year low inventories.

- Chevron and Exxon executives warn that oil buffers are nearly exhausted, increasing the likelihood of a price spike in June and July.  
- Brent and WTI crude prices experienced their largest weekly decline in two months due to rising optimism over a U.S.-Iran ceasefire extension.  
- Despite diplomatic efforts, oil flows through the Strait of Hormuz remain well below normal, with inventories at multi-year lows, maintaining market tension.

Exxon Mobil

Chevron

SPDR O&G Equip

iShares US Oil & Gas Expl & Prod

Global X MLP

ISHRS S&P Glb Engy

VanEck Oil Services ETF

SPDR O&G Ex & Prd

VanEck Oil Refiners ETF

ProShares UltraShort Energy

SPDR Energy Select

Alerian MLP

Direxion Daily Energy Bull 2X

Direxion Daily Energy Bear 2X

Direxion Daily XOM Bull 2X Shares

Direxion Daily XOM Bear 1X Shares

VG Energy

GLOBAL X MLP & Energy Infra

iShares US Oil Equip & Svcs

United States Oil Fund LP

Chevron and Exxon warn of oil price surge despite ceasefire hopes

00386

Rory Johnston, CEO of Commodity Context, highlights a 40% drop in China's oil imports this year due to the Iran conflict, while noting that the global economy remains strong. He suggests that China is likely relying more on its oil reserves, creating uncertainty in the market regarding when this support will end, potentially leading to increased oil prices.

SINOPEC CORP

NVIDIA

Tesla

Micron Tech

Taiwan Semiconductor

GameStop

Rocket Lab

Amazon

Apple

Intel

NVIDIA Corporation

GAMESTOP CORPORATION C/WTS (TO PUR COM) 30/10/2026

Here's the defensive stock-market trade that -2-

600938

600028

159309

561760

561360

516570

159731

563150

WTI crude near $100 could raise summer road trip costs

CNOOC

Occidental Petroleum

Sinopec Corp.

China Universal CSI Oil & Gas Resources ETF

Bosera CSI Oil & Gas Resources Index ETF

Us Brent Oil

Guotai CSI Oil & Gas Industry ETF

E Fund CSI Petrochemical Industry ETF

Tortoise N Americ Pipe

ChinaAMC CSI Petrochemical Industry ETF

First Trust North American Energy Infra Fd

Yinhua CSI Oil & Gas Resources ETF

Pro Ultr Bloomberg Crude Oil

iShares US Energy

WTI crude near $100 could raise summer road trip costs

Chinese refined fuel prices are set to increase by 90–110 yuan per ton at 24:00 on May 21, marking the eighth rise this year. This translates to an estimated increase of 8–9 cents per liter for 92-octane gasoline and an additional 4.5–5 yuan for a typical private car refill.

CoinLive

Chinese Refined Fuel Prices Set to Increase for Eighth Time This Year

UB#PETCHRP2705B(60060.HK)

HSI Opens Up 252 pts; TENCENT Gains ~2%; XL2CSOPHYNIX, XL2CSOPSMSN Up 15%

Woodside Energy to Buy PetroChina's Stake in Browse LNG Project

PetroChina Reshapes Board Committees to Strengthen Governance Oversight

Top 5 HK Stock Gainers/Losers (>100B) (6.9)

Chevron and Exxon warn of oil price surge despite ceasefire hopes

Here's the defensive stock-market trade that -2-

WTI crude near $100 could raise summer road trip costs

Chinese Refined Fuel Prices Set to Increase for Eighth Time This Year