No Data
National Bureau of Statistics: In March, the production growth rate of above-scale industrial raw coal, Crude Oil Product, Henry Hub Natural Gas, and Electrical Utilities accelerated.
In March, the production growth rates of raw coal, Crude Oil Product, Henry Hub Natural Gas, and Electrical Utilities in large-scale industries accelerated.
Hong Kong stocks are fluctuating | Petroleum stocks are recovering. Tariff risks have caused a short-term decline in Crude Oil Product prices. Institutions indicate that domestic oil companies are expected to weaken their sensitivity to oil prices.
Petroleum stocks have recovered. As of the time of this report, China Oilfield Services (02883) is up by 3.23%, priced at 5.43 HKD; CNOOC (00883) is up by 3.84%, priced at 16.22 HKD; SHANGHAI PECHEM (00338) is up by 2.75%, priced at 1.12 HKD; PetroChina (00857) is up by 0.56%, priced at 5.35 HKD.
Hong Kong stocks have fluctuated | Petroleum stocks opened lower collectively. The disturbance caused by tariff policies, along with OPEC+ increasing production, further drove oil prices down significantly.
Petroleum stocks opened lower collectively. As of the time of this report, CNOOC (00883) fell 10.52% to HKD 16.5; PetroChina (00857) fell 10.63% to HKD 5.63; KUNLUN ENERGY (00135) fell 7.07% to HKD 7.62; Sinopec (00386) fell 5.85% to HKD 3.86.
Oil Watcher Expects Crude Prices to Stay Rangebound for Next 6 Months at Least
Dividend Assets have become attractive again! The Hang Seng Index has dropped over 1400 points in the last five days, while high-yield stocks such as Coal Banks "refuse to correct."
① The Hang Seng Index has fallen more than 1,400 points in the past five days. Why do dividend-paying Assets remain resilient? ② High-yield stocks such as Coal and Banks "refuse to retreat". What bullish factors may continue to drive the market?
China Merchants: With the drop in gas prices and the promotion of price alignment, the profit turning point for city gas has already appeared.
With the continuous expansion of exploration and development and advancements in engineering technology, the yield and economic viability of unconventional Henry Hub Natural Gas are expected to continue to improve, likely becoming an important component of China's natural gas supply in the future.
