CI-COSL@EC2701A

TRANSTHERA-B

ASIA STRAT TECH

SUMMI

MANY IDEA CLOUD

ZHONGMIAO

SKYMISSION GP

NICHE-TECH SEMI

KFM KINGDOM

INCON

CHINA CHENGTONG

600028

00857

02883

01033

603619

601808

00386

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601857

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China sets crude annual output target at 200 mln tons for next five years

marketscreener

Sinopec Corp.

PETROCHINA

CHINA OILFIELD

SINOPEC SSC

ZPEC

COSL

SINOPEC CORP

CNOOC

CHINA BLUECHEM

China sets crude annual output target at 200 mln tons for next five years

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In the morning session, the shipping sector fell sharply, with nearly 10 stocks including COSCO SHIPPING Energy, Cosco Shipping Specialized, CMES, COSCO SHIPPING Development, Lianyungang Port, and Phoenix Shipping hitting the daily limit down, while Air China Cargo once dropped nearly 30%. The precious metals concept collectively weakened, with SC GOLD hitting the daily limit down, Xiaocheng Technology dropping over 10%, ZHAOJIN GOLD opening at the daily limit down price, and WESTERN REGION GOLD, Hunan Gold, Hunan Silver, CHIFENG GOLD, and SD GOLD opening significantly lower

- A-shares opened lower and fell, with major indices collectively declining, influenced by the "three barrels of oil" stocks hitting the limit down.  
- The ongoing turmoil in the Middle East has heightened market inflation fears, impacting gold and oil prices significantly, while certain sectors like power equipment strengthened due to policy stimulus.  
- The bond market showed a broad rally in government futures, alongside varied performance in domestic commodity futures, reflecting a mixed but generally negative market sentiment.

Wallstreetcn

CMES

SC GOLD

COSCO SHIP DEV

KNOWLEDGE ATLAS

WESTERN REGION GOLD

Lianyungang Port

Cosco Shipping Specialized

COSCO SHIPPING Energy

ZHAOJIN MINING

SD GOLD

SD-GOLD

CHIFENG GOLD

COSCO SHIPPING Development

COSCO SHIP ENGY

Hunan Gold

ZHONGJIN GOLD

ChinaAMC Gold ETF

ChinaAMC CSI SH-SZ-HK Gold Industry Equity ETF

A DOO AI

MEITUAN

The ChiNext index fluctuated and rose, the "three oil giants" briefly hit the limit down at the beginning of trading, memory stocks surged, the Hang Seng Index turned positive, and the large model stock KNOWLEDGE ATLAS surged strongly

China Oilfield Services Says No Material Events Behind Recent Stock Surge; Hong Kong Shares Slide 7%

China Oilfield Services Says No Material Events Behind Recent Stock Surge; Hong Kong Shares Slide 7%

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China's major oil companies, including PetroChina, Cnooc, and Sinopec, issued trading alerts after their stocks surged due to the escalating Middle East conflict affecting oil supply. PetroChina reported a 20% increase in share price over three sessions, while oil prices rose significantly, with Brent crude reaching $82.54 a barrel. However, following the alerts, shares of these companies fell sharply, with PetroChina down 3.65%, Sinopec down 6.8%, and Cnooc down 4.0%. Analysts warn that prolonged conflict could drive oil prices to $100 a barrel and increase global inflation.

Bosera CSI Oil & Gas Resources Index ETF

ChinaAMC CSI Petrochemical Industry ETF

China's 'Big Three' Oil Majors Issue Trading Alerts Following Stock Surges

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159309

China Oilfield Services responds to unusual share price moves

Guotai CSI Oil & Gas Industry ETF

China Universal CSI Oil & Gas Resources ETF

China Oilfield Services responds to unusual share price moves

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CICC released a research report, suggesting to pay attention to investment opportunities in upstream exploration and development of oil and gas and related enterprises due to changes in the situation in Iran. It is expected that the oil price center will rise from USD 67 in 2025 to over USD 70, with short-term geopolitical premiums driving oil prices up. CNOOC's net profit forecast for 2025 has been revised down by 4.2% to RMB 128.4 billion, with the target price raised to RMB 28, maintaining an "outperform industry" rating

AASTOCKS

Yinhua CSI Oil & Gas Resources ETF

In "The Big Banks," China International Capital Corporation (CICC) states that changes in the situation in Iran have led to an increase in geopolitical premiums, raising the target price for CNOOC to 28 yuan

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On March 3rd, the Hong Kong stock market closed at noon with all three major indices retreating. The Hang Seng Index fell by 0.29%, and the Hang Seng Tech Index dropped by 1.02%. Affected by the surge in oil prices due to geopolitical conflicts, the energy equipment and services sector performed strongly, with SHANDONG MOLONG soaring by 58.82% and SINOPEC SSC rising by 32.09%. Technology stocks showed a mixed performance, with Tencent Holdings supported by positive AI news, increasing by 0.68%, while XPeng fell by 3.02%. The overall market exhibited a trend of reduced trading volume and consolidation, with investors focusing on upcoming economic data and changes in the geopolitical situation

- On March 3, Hong Kong's major stock indices experienced a collective decline following a previous day of gains.  
- The Hang Seng Index dropped 0.29%, while the Hang Seng Technology Index fell 1.02%, attributed to profit-taking after recent highs.  
- The energy sector led gains due to rising oil prices from geopolitical tensions, notably with Shandong Molong surging 58.82%, indicating strong interest in low-priced oil service stocks.

LB Select

SHANDONG MOLONG

CHK OIL

UNITEDENERGY GP

TENCENT

BIDU-SW

KUAISHOU-W

PETRO-KING

CHINA OIL & GAS

RUICHANG INTL

AGTECH HOLDINGS

Hong Kong Stock Midday Review | Hang Seng Index down 0.29%, volume contraction and consolidation, oil service sector surges against the trend, SHANDONG MOLONG skyrockets 58.82%

The three major indices of the Hong Kong stock market are showing a narrow range of fluctuations at high levels, with the Hang Seng Index slightly up by 0.14% and the Hang Seng Tech Index slightly down by 0.04%. Due to the escalation of the geopolitical situation in the Middle East, the oil and gas equipment and services sector has surged explosively, becoming the market focus. Among them, Shandong Molong soared by 57.54% due to capital speculation, while Sinopec Oilfield Service followed with a significant increase of 20.9%. In addition, the policy expectations from the Two Sessions are favorable for the internet sector, with Tencent Holdings experiencing a moderate rebound. The market is overall in a consolidation phase, with funds waiting for further directional choices

- The Hong Kong stock market shows a consolidation phase with cautious performance near recent highs, as the Hang Seng Index fluctuates around 26,096.11 points.  
- The energy sector surges due to rising geopolitical tensions, with companies like Shandong Molong rising 57.54%, driven by speculations regarding oil security and equipment demand.  
- Investors remain focused on the macroeconomic liquidity environment and implications of U.S. Federal Reserve policies on local interest rates and retail sales recovery.

Market Heartbeat

ZONQING LTD

Hong Kong Stock Market | The Hang Seng Index rose slightly by 0.14%, the oil and gas equipment sector surged, Shandong Molong soared by 57.54%

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STECH

The Hang Seng Index closed at 26,059 points, down 570 points or 2.1%; the Hang Seng TECH Index reported 4,989 points, down 148 points or 2.9%. The total market turnover was HKD 357.679 billion. Major stocks such as Xiaomi Group, Meituan, and Alibaba all experienced declines, falling over 5% and 4% respectively. Stocks like Xinyi Glass, CNOOC, and PetroChina reached new highs with active trading

BABA-W

Hang Seng TECH Index

XIAOMI-W

Hang Seng Index

Alibaba

Meituan

ALI HEALTH

CSEC/China Shenhua

XINYI GLASS

CHINA SHENHUA

OOIL

KraneShares 2x Long BABA Daily ETF

BABA 2x Long Daily ETF - GraniteShares

According to the "All-Day Express," the Hang Seng Index fell by 570 points; the Hang Seng TECH Index dropped by 148 points. Xiaomi Group fell by over 5%, Meituan by over 4%, and Alibaba by over 4%. Xinyi Glass, CNOOC, PetroChina, OOIL, and China Shenhua hit new highs with active trading

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After the United States launched an attack on Iran and killed the Supreme Leader Khamenei, Iran retaliated against Middle Eastern countries and closed the Strait of Hormuz, causing international oil prices to surge over 10%. CNOOC's stock price opened up 5.06%, currently reported at 26.62 yuan, up 5.13%. Sinopec and PetroChina also rose by 2.94% and 4.19%, respectively

E Fund CSI Petrochemical Industry ETF

Oil prices surge amid the Iran crisis, CNOOC rises over 5%

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Oil and gas stocks opened sharply higher, with Tong Petrotech, COSL, ZPEC, XZPT, SSC, BEIKEN, and several other stocks hitting the daily limit

BEIKEN

Tong Petrotech

XZPT

In the Hong Kong Stock Connect, CNOOC had a net outflow of HKD 894 million, while Alibaba and YOFC had net outflows of HKD 888 million and HKD 625 million, respectively. The northbound capital saw a net inflow of HKD 18.36 million into Xiaomi Group. In the Hong Kong Stock Connect (Shanghai), DONGFANG ELEC had a net inflow of HKD 125 million, while CNOOC had a net outflow of HKD 626 million. In the Hong Kong Stock Connect (Shenzhen), MEITUAN had a net inflow of HKD 311 million, while Alibaba had a net outflow of HKD 657 million. The total net outflow for the day was HKD 0, with a total transaction amount of HKD 99.929 billion, accounting for 38.54% of the total market transaction amount

DONGFANG ELEC

DEC.LTD

YOFC

Net outflow of CNOOC in Hong Kong Stock Connect amounted to HKD 894 million

Hong Kong Stocks End Lower on US-Iran Tensions; PetroChina, CNOOC Rise on Oil Gains

Hong Kong Stocks End Lower on US-Iran Tensions; PetroChina, CNOOC Rise on Oil Gains

Zhao Shunqiang, Chairman of COSL, expects that international oil prices will stabilize and fluctuate between USD 50 and 70 this year, influenced by supply chain restructuring. He revealed that capital expenditures for 2026 are approximately RMB 8.44 billion, of which RMB 5.5 billion is for equipment investment. The company plans to expand into 4 to 5 new markets over the next five years to increase market share and strive for a larger share in already stable markets

COSL plans to expand into 4 to 5 new markets over the next five years, estimating overall oil prices to remain stable within the year

CI-COSL@EC2701A(26585.HK)

China sets crude annual output target at 200 mln tons for next five years

The ChiNext index fluctuated and rose, the "three oil giants" briefly hit the limit down at the beginning of trading, memory stocks surged, the Hang Seng Index turned positive, and the large model stock KNOWLEDGE ATLAS surged strongly

China Oilfield Services Says No Material Events Behind Recent Stock Surge; Hong Kong Shares Slide 7%

China's 'Big Three' Oil Majors Issue Trading Alerts Following Stock Surges

China Oilfield Services responds to unusual share price moves