Penghua CNI Oil&Gas ETF

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

COSCO SHIPPING Energy Transporting to Lease 4 VLCCs for 60-63 Months with Rental of approx. 2.7 Billion RMB

Sinopec Launches Domestic 'Aipao 103' Racing Fuel Filling High-Performance Gap

CNOOC Hainan Branch Builds Largest Offshore Gas Field, Annual Oil & Gas Output Exceeds 10 Million Tonnes

COSCO Shipping Two Vessels Successfully Pass Through Strait of Hormuz

Sinopec Achieves Major Breakthrough in Shale Gas Exploration in Sichuan Basin

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

CNOOC Boosts Offshore Output and Reopens Huizhou Steam Cracking Unit

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

BOC International Upgrades Sinopec Stock Target Price and Adjusts Brent Oil Forecast

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

JPMorgan Upgrades CNOOC EPS Forecast and Maintains Rating

CLP and CNOOC Sign Memorandum to Deepen Energy Cooperation

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

600028

601857

00386

00883

00857

600938

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

Sinopec Corp.

PETROCHINA

SINOPEC CORP

CNOOC

ChinaAMC CSI Petrochemical Industry ETF

Guotai CSI Oil & Gas Industry ETF

Bosera CSI Oil & Gas Resources Index ETF

China Universal CSI Oil & Gas Resources ETF

E Fund CSI Petrochemical Industry ETF

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

PETROCHINAplans to transform traditional industries and develop new productive forces tailored to local conditions. Chairman Dai Houliang announced the focus on two emerging pillar industries: 'thermal-power-hydrogen' and 'bio-refining-new materials.' The company aims for technological self-reliance, enhancing innovation in core technologies and improving R&D investment efficiency.

AASTOCKS News

PetroCN HK SDR 1to2

PETROCHINA Will Develop New Quality Productive Forces Tailored to Local Conditions, Build Emerging Pillar Industries

CLSA reports that SINOPEC CORP has underperformed compared to PETROCHINA and CNOOC since the Israel-Iran conflict, reflecting a divergence in earnings amid rising oil prices. The broker expects SINOPEC to potentially report a loss in 2Q26 due to downstream challenges, impacting dividend distributions. In contrast, PETROCHINA and CNOOC are projected to benefit from strong cash flows and increased dividends. CLSA maintains an Outperform rating for all three, with target prices set at HKD12 for PETROCHINA, HKD32 for CNOOC, and HKD4.9 for SINOPEC CORP.

CNOOC-R

CLSA: SINOPEC CORP  Share Price Has Underperformed Peers Since Israel-Iran Conflict, Reflecting Fundamental Divergence; Sector Top Pick PETROCHINA

The HSI opened down 123 points at 25,838, following a decline in US stock indices. Major tech stocks like Tencent and Alibaba also opened lower. In contrast, oil stocks CNOOC and PetroChina rose against the market trend. LEAPMOTOR saw a significant drop of over 7% after reporting a larger-than-expected loss in Q1.

HSI Opens Down 123 pts; 2 Oils Hike Against Mkt; LEAPMOTOR Slumps 3%+ Post-Results

The Global South Media and Think Tank Forum Chinese-Arab Partnership Conference took place in Cairo on May 13, focusing on enhancing China-Arab cooperation. Sinopec's Zhong Ren delivered a keynote speech and received the Outstanding Contribution Award for promoting mutual trust and collaboration. He emphasized the historical friendship between China and Arab states and highlighted Sinopec's commitment to energy security and cultural exchange initiatives. The event gathered around 250 representatives from various sectors to discuss future cooperation.

prnewswire

04:03 ETGlobal South Media and Think Tank Forum Chinese-Arab Partnership Conference Opens in Cairo

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Sinopec has reported proven reserves of 235.687 billion cubic meters at its Ziyang Dongfeng shale gas field, marking a significant milestone in China's shale gas exploration. The field, located in the Sichuan Basin, has received official approval from China's Ministry of Natural Resources. This development establishes it as China's first ultra-deep shale gas field, with reserves exceeding 100 billion cubic meters. Sinopec's innovative use of AI in geophysical imaging has enabled precise identification of gas deposits, paving the way for further exploration and production efforts to enhance national energy security.

SINOPEC N4911

SINOPEC N2911

SINOPEC N3101

14:57 ETEl yacimiento Ziyang Dongfeng de Sinopec reporta reservas de 235.687 millones de metros cúbicos

The Hang Seng Index (HSI) closed down 58 points at 26,347, amid mixed trading influenced by US-China talks and Middle East tensions. Notable movements included PetroChina surging nearly 4% to HKD11.06, while tech stocks like Kuaishou-W rose 1.94% after restructuring news. JD-SW edged down ahead of earnings, and several brokers downgraded Pop Mart's forecasts. Energy stocks gained as geopolitical tensions rose, with CNOOC and Sinopec also seeing slight increases. Overall, the market showed volatility with significant short selling activity across various sectors.

HSI Ends Down 58 pts; PETROCHINA  Surges Nearly 4%

At midday, the HSI rose by 79 points (0.3%) to 26,486, while the HSTI fell by 19 points (0.4%) to 5,086. Notable movers included PetroChina, which increased by 4.6%, and several stocks hitting new highs, such as BOC Hong Kong and YOFC. Active stocks included Meituan and Tencent, with varying short selling ratios. Overall, the market showed mixed performance with some stocks gaining significantly while others declined.

Hang Seng Index

Hang Seng TECH Index

BOC HONG KONG

YOFC

GOFINTECH QUANT

CHINA POWER

GUANGDONG INV

Hang Seng China Enterprises Index

MEITUAN

XIAOMI-W

TENCENT

BABA-W

KUAISHOU-W

POP MART

LENOVO GROUP

XINYI GLASS

NUOBIKAN

WELLCELL HOLD

DEEPEXI TECH

TIME INTERCON

Bank of China

BANK OF CHINA

Bank Of China

MEITUAN-WR

Meituan

Meituan HK SDR 5to1

Xiaomi Corporation

XIAOMI-WR

Xiaomi HK SDR 2to1

Tencent

TENCENT-R

Tencent HK SDR 10to1

Tencent Holdings Limited

Alibaba

BABA-WR

Alibaba HK SDR 5to1

KUAISHOU-WR

POP MART HK SDR 20to1

LENOVO GROUP-R

Lenovo Group

HSI Closes Midday at 26,486, Up 79 pts; HSTI Closes Midday at 5,086, Down 19 pts; PETROCHINA Up over 4%; BOC HONG KONG, YOFC, GOFINTECH QUANT, CHINA POWER, GUANGDONG INV Hit New Highs

Cnooc (600938) boosts offshore output and capacity in South China Sea, Brazil and Guyana, pursuing regional development in key offshore basins to expand production amid energy-driven growth plans.1Cnooc (600938) and Shell restarted Huizhou steam cracker in late April; plant now producing 1.2M t/yr ethylene and 600k t/yr propylene, on-spec output.2

TradingView

Shell PLC

Shell

Key facts: Cnooc boosts offshore capacity; Huizhou restarts 1.2M/600k

On the afternoon of May 7th, the three major indices of the Hong Kong stock market continued their strong upward trend, with the Hang Seng Tech Index leading the market with an increase of over 3%. The AI wave continues to ferment, with Tencent's impressive large model data driving the tech sector's weights to strengthen across the board, and Kuaishou soaring nearly 8%; NVIDIA's increased investment in the optical supply chain, combined with the upward revision of storage chip valuations, catalyzed a strong rally in the semiconductor and optical fiber cable sectors. Conversely, traditional energy stocks such as oil and gas and coal suffered significant declines due to the impact of rising expectations for a ceasefire in the Middle East, leading to a drop in international oil prices

Market Pulse

TRACKER FUND

HSCEI ETF

HUA HONG SEMI

MONTAGE TECH

BIDU-SW

SMIC

XL2CSOPHYNIX

XL2CSOPSMSN

Samsung Electronics 

KB LAMINATES

FIT HON TENG

NVIDIA

Lumentum

Coherent Corp.

Corning

CHINA SHENHUA

CATL

Hua Hong

Montage Technology

BIDU-SWR

Baidu

SMIC HK SDR 5to1

Samsung Electronics Co., Ltd. Sponsored GDR

NVIDIA Corporation

CSEC/China Shenhua

CATL HK SDR 30to1

Hong Kong stocks intraday | Technology stocks collectively strengthen, oil and gas stocks fall against the trend, semiconductor sector leads in gains

Penghua CNI Oil&Gas ETF(159697.SZ)