SGPETCH@EC2610A(19947.HK)

According to a report by ZhuoChuang Information, as of the close on February 2, the reference crude oil change rate for the 10th working day in the domestic market was 4.71%. The retail ceiling prices for gasoline and diesel were raised by 205 yuan and 195 yuan per ton, respectively, with the prices for 92# gasoline, 95# gasoline, and 0# diesel increasing by 0.16 yuan, 0.17 yuan, and 0.17 yuan, respectively. The price adjustment window is set for 24:00 on February 3, and this adjustment will mark the first "double increase" since 2026

The relationship between the U.S. and Iran has eased, and international oil prices have fallen by 5%. CNOOC has dropped by over 5%

U.S. President Trump stated that negotiations between Iran and the United States have made progress, leading to a reduction in investor concerns about the situation in the Middle East, resulting in a drop in international oil prices. In April, Brent crude oil fell by 5.22% to $65.7, while March New York crude oil dropped by 5.38% to $61.68. CNOOC's stock price fell by 5.58% to 23.02 yuan, PetroChina dropped by 4.85% to 8.83 yuan, and Sinopec fell by 3.16% to 5.21 yuan

Beijing Gas Says Dalian PetroChina Appeals Earlier Court Decision

Beijing Gas Says Dalian PetroChina Appeals Earlier Court Decision

"Hong Kong Stocks" Hang Seng Index drops 656 points in half a day, commodities, Chinese telecommunications, and automotive stocks under pressure

The Hong Kong stock market fell in the morning session, with the Hang Seng Index down 656 points or 2.4%, reporting at 26,730 points. The National Index fell 252 points or 2.7%, and the Hang Seng Tech Index dropped 210 points or 3.7%. The commodity market is volatile, with gold and silver prices continuing to decline, leading to a general drop in related stocks. Brent crude oil fell by more than 4%, with noticeable declines in PetroChina and CNOOC. Domestic property stocks and telecom stocks also experienced declines due to VAT adjustments, with the overall market turnover at HKD 178.124 billion

The three major A-share indices of Shanghai and Shenzhen opened mixed, with the Shanghai Composite Index down 0.9%. Chinese telecommunications and oil gold stocks are under pressure

The three major A-share indices opened mixed, with the Shanghai Composite Index down 0.9%, the Shenzhen Component Index down 0.5%, and the ChiNext Index up 0.7%. Both manufacturing and non-manufacturing PMIs were below expectations, and the RMB/USD central parity rate was adjusted downwards. Chinese telecom stocks opened lower due to VAT adjustments, while international oil prices fell, leading to a general decline in oil stocks, and gold-related stocks saw significant drops. Some individual stocks, such as CATL, opened higher, while BYD opened lower