UB#CNOOCRP2705C

AOM INT'L

KO YO GROUP

MABPHARM-B

MOST KWAI CHUNG

CHINA ORAL IND

BRIGHT SMART

CCT FORTIS

EASY SMART GP

CEN PLAZA HOTEL

SMART DIGI TECH

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Goldman Sachs is optimistic about China's three major oil and gas giants, believing their valuations will align with global peers. The report points out that CNOOC and PETROCHINA have strong cash flow performance, with significant valuation discounts. Goldman Sachs raised the target price for CNOOC from HKD 21.10 to HKD 31.00, and the target price for PETROCHINA's H shares from HKD 8.60 to HKD 11.50. CNOOC's free cash flow breakeven oil price is USD 27 per barrel, and it is expected to have a free cash flow yield of 11% in 2027

- Goldman Sachs reports that China National Offshore Oil Corporation (CNOOC) and China Petroleum's strong cash flow generation may drive their valuations closer to global peers, despite significant current discounts.  
- CNOOC's target price has been raised to HKD 31.00, reflecting a substantial increase, while China Petroleum's targets have also been adjusted, suggesting long-term cost reductions through green energy and AI initiatives.  
- Conversely, Goldman maintains a neutral rating on Sinopec due to oversupply in the chemical sector impacting free cash flow, highlighting the potential risks in high oil price environments.

Wallstreetcn

CNOOC

PETROCHINA

Goldman Sachs is bullish on the "Three Oil Giants": A wave of "valuation aligning with global standards" revaluation is expected next!

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SWIRE PACIFIC A(00019) rose 3.08%, with a trading turnover 314.8 Million HKD, and a year-to-date rose 36%. TME-SW(01698) rose 2.37%, with a trading turnover 35.0 Million HKD, and a year-to-date fell 21.6%. ZIJIN GOLD INTL(02259) fell 7.61%, with a trading turnover 1.0 Billion HKD, and a year-to-date rose 28.8%. HUA HONG SEMI(01347) fell 7.37%, with a trading turnover 2.6 Billion HKD, and a year-to-date rose 18.4%.

Top Gainers & Losers

SWIRE PACIFIC A

TME-SW

PICC P&C

ZTO EXPRESS-W

ZIJIN GOLD INTL

HUA HONG SEMI

MINIMAX-WP

MTR CORPORATION

HORIZONROBOT-W

Top 5 HK Stock Gainers/Losers (>100B) (3.13)

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Today, the three major indices of the Hong Kong stock market collectively retreated, with the Hang Seng Index closing down 0.98%, failing to maintain its upward momentum. The technology sector showed mixed performance, with Tencent Holdings and Baidu slightly rising against the trend, while SenseTime and Hua Hong Semiconductor significantly declined. The oil and gas sector performed actively, with China National Offshore Oil Corporation rising over 2%. Yao Cai Securities saw a surge in trading volume due to strong capital interest, skyrocketing over 33%. Overall risk appetite has cooled during the macroeconomic window period

- Today, Hong Kong's three major indices fell collectively, with the Hang Seng Index closing at 25,465.6, down 0.98%.  
- The Internet and information sector saw overall gains driven by digital advertising and platform traffic recovery, while the retail sector showed mixed performance.  
- Investors should focus on key economic indicators such as retail sales and unemployment rates to gauge market signals moving forward.

Market Heartbeat

TENCENT

BIDU-SW

BABA-W

QUANTGROUP

Hong Kong stock market closing | Hang Seng Index fell 0.98%, technology sector diverged, Yaocai Securities surged 33.96% and CNOOC rose 2.27%

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China Oil Refiners Cancel New, Agreed-Upon Fuel Export Contracts Amid Middle East Conflict

marketscreener

Yinhua CSI Oil & Gas Resources ETF

SINOPEC CORP

Guotai CSI Oil & Gas Industry ETF

E Fund CSI Petrochemical Industry ETF

Bosera CSI Oil & Gas Resources Index ETF

China Universal CSI Oil & Gas Resources ETF

SINOPEC SSC

Sinopec Corp.

Huaan CNI Oil&Gas ETF

CNI Oil&Gas

ChinaAMC CSI Petrochemical Industry ETF

ZPEC

China Oil Refiners Cancel New, Agreed-Upon Fuel Export Contracts Amid Middle East Conflict

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As of noon, the three major indices of the Hong Kong stock market have slightly retreated, with the Hang Seng Index down 0.48%, the Hang Seng Tech Index down 0.41%, and the China Enterprises Index down 0.01%. Overall market sentiment is cautious, with core blue-chip stocks Tencent Holdings and Alibaba rising against the trend. The performance of individual stocks in the power sector is mixed, and market turnover is concentrated in leading stocks such as Tencent, Alibaba, and CNOOC

- As of midday, Hong Kong stock indices slightly declined, reflecting cautious overall sentiment.  
- The Hang Seng Index fell 0.48% to 25,594.25, with the tech sector showing mixed performance, while notable gains were observed in oil and gas exploration stocks.  
- Investors focus on external economic changes and policy updates, adopting defensive strategies amidst heightened market volatility.

UNITEDENERGY GP

Sunac China

CHINA LIFE

HKEX

CHALCO

LINGBAO GOLD

ChinaAMC Hang Seng Technology ETF(QDII)

KraneShares 2x Long BABA Daily ETF

HSTECH ETF

Alibaba

Hang Seng China Enterprises Index

ISHARESHSTECH

Tencent

Dacheng Hang Seng Technology ETF(QDII)

Hang Seng TECH ETF I

Tencent Holdings Limited

CAM HS TECH

CSOP HS TECH

Huatai-PB CSOP Hang Seng Technology ETF(QDII)

Hang Seng TECH Index

GX HS TECH

Tianhong Hang Seng TECH ETF(QDII)

Hang Seng Index

Penghua CSI HK Equities Technology ETF

Hong Kong Stock Midday Review | Hang Seng Index down 0.48%, Tencent and Alibaba rise against the trend

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On March 13th, during the Hong Kong stock market, the three major indices showed a mixed and fluctuating trend. The internet content and retail sectors performed actively, with Tencent Holdings rising 1.46% and Alibaba rising 1.82%, boosting the sentiment in the technology sector. Market transactions focused on heavyweight leaders, and the overall bullish momentum still needs to be observed in conjunction with subsequent trading volume

- As of March 13, Hong Kong stocks showed mixed performance with the Hang Seng Index at 25,657.06, down 0.23%.  
- The internet content sector saw gains, with major companies like Tencent and Alibaba leading the market, reflecting a trend towards core tech assets amid fluctuations.  
- Investor focus remains on economic recovery, foreign trade, and consumption data, influenced by changes in risk sentiment and policy dynamics.

JD-SW

SINOFERT

CH ENERGY ENG

GEELY AUTO

KINGSOFT CLOUD

FL2 CSOP HSI

FI2 CSOP HSI

Hwabao CSI HK Equities Internet ETF

E Fund CSI HK Connect Internet ETF

FI CSOP HSI

BABA 2x Long Daily ETF - GraniteShares

Hong Kong Stock Market Intraday | The Hang Seng Index fluctuates within a narrow range, with Tencent and Alibaba both rising, driving the sector stronger

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The Hong Kong stock market opened lower, with the Hang Seng Index down 133 points to 25,583 points. Technology stocks showed mixed performance, with Tencent opening flat and Alibaba down 0.2%. Oil and coal stocks rose, with PetroChina and CNOOC opening up 1.2% and 1.4%, respectively. Market expectations for interest rate cuts have weakened, leading to a 1% drop in gold prices

AASTOCKS

CHINA OILFIELD

CHINA BLUECHEM

OOIL

TRACKER FUND

ISHARESHSI

China Universal CSI Hong Kong Connect High Dividend Yield Investment ETF

Huaan Hang Seng HK Equities China Central SOE Dividend ETF

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CSOP HSI ETF

"Hong Kong Stocks" The Hang Seng Index opened 133 points lower, OOIL fell 3% after earnings, oil stocks and coal stocks rose

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The Hang Seng Index closed down 182 points at 25,716 points, marking a two-day decline. International oil prices surged to over $90 due to tensions in the Middle East, while Hong Kong stocks were pressured by sell-offs in technology and real estate stocks, with turnover falling to HKD 242.1 billion. CNOOC rose 3.7% to close at HKD 29.1; KNOWLEDGE ATLAS fell 8.9% to close at HKD 555.5. The OpenClaw craze has cooled down, with related concept stocks generally weakening

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KNOWLEDGE ATLAS

COSL

The Hang Seng Index closed down 182 points, CNOOC rose 3.7%, OpenClaw cooled down again, and KNOWLEDGE ATLAS fell 8.9% | Hong Kong stock market closing

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The Hang Seng Index fell 182 points to close at 25,716 points, while the National Index dropped 4 points to close at 8,699 points. International oil prices rose, leading to gains in energy and aluminum stocks, with KUNLUN ENERGY and CNOOC increasing by 2.4% and 3.7%, respectively. Coal stocks YANKUANG ENERGY and China Coal Energy saw significant increases, rising by 8.3% and 4.9%, respectively. Technology stocks Tencent and Alibaba performed poorly, and real estate stocks generally declined due to inflation concerns. The total market turnover was HKD 242.18 billion

KUNLUN ENERGY

CHINA COAL

YANKUANG ENERGY

Guotai CSI Coal ETF

China Coal Energy

The Hang Seng Index fell 182 points throughout the day, while energy and aluminum stocks rose, and AI stocks took profits

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The Hang Seng Index closed at 25,716 points, down 182 points or 0.7%; the Hang Seng Tech Index reported 5,027 points, down 27 points or 0.5%. The total market turnover was HKD 242.18 billion. Among the actively traded blue-chip stocks, Alibaba, Tencent, Meituan, and Xiaomi all saw declines. CSPC Pharma fell over 4%, while CNOOC, Shenhua, and CHINA RISUN GP reached new highs with strong trading volume

CHINA RISUN GP

CSPC PHARMA

QINGSONG HEALTH

XIAOMI-W

MEITUAN

The Hang Seng Index closed at 25,716 points, down 182 points; the Hang Seng Tech Index closed at 5,027 points, down 27 points. CSPC PHARMA fell over 4%, while CNOOC, Shenhua, CHINA RISUN GP, QINGSONG HEALTH, and Health 160 reached new highs with active trading

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On March 12th, all three major indices of the Hong Kong stock market retreated during the session, with the Hang Seng Index falling by 0.99% and the Technology Index dropping by 0.86%. The oil and gas sector performed strongly, boosted by international oil prices, with CNOOC rising over 4%; however, the internet and retail sectors faced significant pressure. Overall market sentiment has become cautious, with funds primarily focusing on resource leaders and some semiconductor stocks after a high-level pullback

- As of March 12, Hong Kong's market shows weakness, with all major indices retreating after hitting recent highs.  
- The crude oil exploration and production sector gains due to rising international oil prices, especially China National Offshore Oil Corporation, which rose by 4.78%.  
- Nevertheless, macroeconomic indicators suggest a cautious recovery, with external demand and consumer momentum remaining weak, leaving market confidence reliant on policy direction and capital flows.

SHANDONG MOLONG

XPENG-W

Hong Kong stock market intraday | The Hang Seng Index fell 0.99%, while CNOOC rose more than 4% against the trend

KBAB

BABX

BABA

The short selling amount in the Hong Kong stock market reached HKD 21.05 billion in the first half of the day, accounting for 19.9% of the total turnover of shortable stocks. The main shorted stocks include TRACKER FUND, TENCENT, CSOP HS TECH, Alibaba, and CNOOC, with short selling ratios of 22.1%, 19.1%, 32.7%, 17.6%, and 12.2%, respectively

The short selling in Hong Kong stocks for half a day amounted to HKD 21.05 billion, accounting for 19.9% of the total turnover of shortable stocks

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The Hang Seng Index closed at 25,579 points, down 319 points or 1.23% for the half-day. Alibaba and Tencent fell 2.25% and 1.09% respectively, dragging down the Hang Seng Index. Oil prices rose, with CNOOC up 3.4%, supporting the market. Aluminum stocks were strong, with CHINAHONGQIAO rising 3.8%, approaching a historical high. The Middle East conflict has affected aluminum supply, pushing aluminum prices to nearly a four-year high. A report from China International Capital Corporation indicated that the aluminum supply-demand gap is widening and suggested focusing on targets with high self-sufficiency rates in electricity and alumina

CHINAHONGQIAO

The Hang Seng Index fell 319 points in the half-day session, with strong performance in the oil and aluminum sectors. CNOOC rose over 3%, and CHINAHONGQIAO approached a new high | Hong Kong stock market opens

$CNOOC(00883.HK) has performed well these days.

CNOOC-R

UB#CNOOCRP2705C(59568.HK)

Goldman Sachs is bullish on the "Three Oil Giants": A wave of "valuation aligning with global standards" revaluation is expected next!

Top 5 HK Stock Gainers/Losers (>100B) (3.13)

Hong Kong stock market closing | Hang Seng Index fell 0.98%, technology sector diverged, Yaocai Securities surged 33.96% and CNOOC rose 2.27%

China Oil Refiners Cancel New, Agreed-Upon Fuel Export Contracts Amid Middle East Conflict

Hong Kong Stock Midday Review | Hang Seng Index down 0.48%, Tencent and Alibaba rise against the trend