E Fund CSI Petrochemical Industry ETF

US-Iran-Iraq Conflict Leads to Surge in Oil Prices and Significant Increase in Plastic Material Prices

Ethylene Glycol Continuous Main Contract Rises 5% Intraday

Benzene Main Contract Dropped 8% Intra-day

Paraxylene Continuous Main Contract Rises 5% Intra-day

LPG main contract rises 5% intraday

Benzene Main Contract Rises 5% Intra-day

Taiwan Plastic Group's Four Companies Show Optimistic 2nd Month Revenue Outlook Amid Middle East Situation

Benzene Continuous Main Contract Rises 6%, Now Quoted at 7,240.00 Yuan

Styrene main contract up 3% intraday

Analysis of Chemical Industry Demand and Trends after Resumption of Work and Investment Opportunities in ETF

Chemical Products Experience Price Increases During Peak Season, Petrochemical Industry Sees Investment Opportunity

Chinese Chemical Product Prices Rebound, Industry Fundamentals Improve

PTA Main Contract Rises 3% to 5386 Yuan Intra-day

601857

SHEL

516570

159309

159731

561760

Oil production at Kazakhstan's Kashagan field reached 1.57 million tons in April, 6.6 mln tons year to date - NCOC consortium

Unusual Whales

PETROCHINA

TotalEnergies SE

Shell

Exxon Mobil

SPDR O&G Ex & Prd

VG Energy

China Universal CSI Oil & Gas Resources ETF

Shell plc ADRhedged

SPDR Energy Select

ISHRS S&P Glb Engy

United States Oil Fund LP

iShares US Oil & Gas Expl & Prod

ChinaAMC CSI Petrochemical Industry ETF

Bosera CSI Oil & Gas Resources Index ETF

Invesco Great Wall CNI Oil&Gas ETF

Oil production at Kazakhstan's Kashagan field reached 1.57 million tons in April, 6.6 mln tons year to date - NCOC consortium

561360

562900

563150

Iran war energy shock drives interest in ethanol and other biofuels across hard-hit Asia

Barchart Option

Guotai CSI Oil & Gas Industry ETF

E Fund CSI Modern Agriculture Theme ETF

Hwabao WP CSI All Share Agriculture, Animal Husbandry and Fishery Products ETF

WisdomTree, Inc.

First Trust Indxx Global Agri

Fullgoal CSI Agriculture Theme ETF

iShares MSCI Agriculture Producers ETF

Yinhua CSI Oil & Gas Resources ETF

VanEck Agribusiness ETF

Invesco DB Agriculture FD ETF

Iran war energy shock drives interest in ethanol and other biofuels across hard-hit Asia

159870

516020

516220

Jiangsu Lopal Tech Co. Ltd. has completed a connected capital increase in its subsidiary, Changzhou Liyuan, with a Series B investor. The payment has been made, and registration is pending. Jiangsu Lopal retains a 61.88% stake in Changzhou Liyuan, ensuring control and consolidation of financials. The company operates in the chemical and materials sector and adheres to Hong Kong listing rules, focusing on downstream industrial applications and maintaining a standard governance structure with a mix of directors.

Tip Ranks

Penghua CSI Subdivision Chemical Industry Theme ETF

Hwabao WP CSI Subdivision Chemical Industry Theme ETF

Guotai CSI Subdivision Chemical Industry Theme ETF

LOPAL TECH

LOPAL

Jiangsu Lopal Completes Connected Capital Increase in Subsidiary Changzhou Liyuan

00857

512480

On May 12, the Hong Kong stock market fluctuated lower, with all three major indices closing in the red. The Hang Seng Tech Index fell by 0.70%. Affected by concerns over AI infrastructure costs and a "memory tax," the memory chip sector plunged collectively, with related ETFs dropping more than 6%. In contrast, Hengrui Medicine, catalyzed by a blockbuster $15.2 billion BD agreement, and oil and gas resource stocks, supported by risk-aversion sentiment, performed actively. Trends among tech heavyweight stocks diverged; Tencent topped the turnover list but saw its share price decline

Market Pulse

GTJA Allianz CSI All Share Semiconductors & Semiconductor Equipment ETF

GTJA Allianz SSE STAR Chip Design Thematic ETF

ChinaAMC Guozheng Semiconductor Chip ETF

Guotai CSI Semiconductor Material Equipment Theme ETF

E Fund CSI Semiconductor Material & Equipment Thematic ETF

Harvest SSE STAR Chip ETF

Guotai CES Semiconductor Chip Industry ETF

Guotai CSI All Share Integrated Circuit ETF

Harvest CSI All Share Integrated Circuit ETF

China Merchants CSI Semiconductor Industry ETF

Hang Seng Index

Hang Seng China Enterprises Index

Hang Seng TECH Index

TENCENT

KUAISHOU-W

NTES-S

XL2CSOPHYNIX

XL2CSOPSMSN

SMIC

HUA HONG SEMI

ZIJIN MINING

Zijin Mining

HENGRUI PHARMA

Hengrui Pharma

Bristol Myers Squibb

CNOOC

CMOC

MEITUAN

BABA-W

Alibaba

BIDU-SW

Baidu

BANK OF CHINA

Bank Of China

YOFC

CHINA RES LAND

NUOBIKAN

DEEPEXI TECH

XIAOMI-W

MONTAGE TECH

HSCEI ETF

Tencent

TENCENT-R

Tencent HK SDR 10to1

Tencent Holdings Limited

KUAISHOU-WR

NetEase

SMIC HK SDR 5to1

Hua Hong

PetroCN HK SDR 1to2

Bristol-Myers Squibb Company

CNOOC-R

MEITUAN-WR

Meituan

Meituan HK SDR 5to1

BABA-WR

Alibaba HK SDR 5to1

BIDU-SWR

BOC HONG KONG

Bank of China

AIA-R

AIA Group

Xiaomi Corporation

XIAOMI-WR

Xiaomi HK SDR 2to1

Montage Technology

HK Stocks Close | All Three Major Indices Fall, Resources and Pharma Stocks Buck the Trend, Memory Chip Sector Plunges

600028

00386

Sinopec has launched the industrial AI agent "Fenghuo," marking a first in the petrochemical industry. This digital expert can actively participate in production operations, analyze data, and interact with industrial software, functioning as a digital colleague. Built on Sinopec's "Great Wall" model, Fenghuo integrates extensive industry knowledge, utilizes specialized tools, and executes complex tasks reliably. Its initial roles include Scientist, Engineer, Programmer, and Assistant, enhancing productivity and efficiency. Sinopec aims to further integrate AI across the petrochemical industry, driving technological advancements in China's energy and chemical sectors.

prnewswire

Sinopec Corp.

SINOPEC CORP

11:18 ETSinopec lanza el agente de IA industrial "Fenghuo"

Chinese airlines have maintained domestic fuel surcharges in May due to price controls, despite rising international fees and some flight suspensions. The lack of adjustments follows significant increases in April, with surcharges remaining below historic highs. While domestic jet fuel prices are expected to rise, Sinopec has not changed its ex-factory price this month. In contrast, international airlines are increasing surcharges, with some cutting flights due to higher costs. Overall, 19 of the top 20 global airlines have reduced their May flight schedules, reflecting the impact of rising fuel prices on demand.

Yicai

CHINA SOUTH AIR

China Holds Domestic Air Fuel Surcharges Steady While Int'l Fees Rise

SOXX

Steve Eisman warns that while the Iran war could end soon, the financial event is ongoing, particularly concerning software credit exposure at major firms. Strategas predicts a potential market melt-up driven by semiconductor stocks, which now constitute 17% of the S&P 500. Despite rising oil prices and recession concerns, market indicators suggest resilience. Eisman cautions that AI may lead to a credit crisis in software, as evidenced by recent stock drops despite revenue growth. Investors are advised to consider defensive positions in energy and materials while leaning into potential market gains.

benzinga_article

iShares Semiconductor ETF

ProShares Ultra Energy

SPDR O&G Equip

iShares US Oil Equip & Svcs

Pro Ultr Bloomberg Crude Oil

VanEck Oil Refiners ETF

Invesco Oil & Gas Services ETF

VanEck Semiconductor ETF

ChinaAMC SSE STAR Semiconductor Material & Equipment Thematic ETF

VanEck Oil Services ETF

Us Brent Oil

Apollo Global

Blackstone

S&P 500

SPDR S&P 500

NVIDIA

Broadcom

Micron Tech

Johnson & Johnson

GE Vernova

GE Aerospace

ServiceNow

APOLLO GLOBAL MANAGEMENT INC 6.75% CONV PFD STK SER A

Apollo Global Management Pref Share APO 7.625 09/15/53

KKR Group Fin Co IX LLC Pref Share KKRS 4.625 04/01/61

KKR & CO INC 6.25% MAND CONV PREF SHARES SER D

KKR & Co. Inc.

NVIDIA Corporation

'Big Short' Idol Steve Eisman Warns Iran War Could End Tomorrow, But 'The Financial Event Is Not Ending'

Sinopec has set its April paraxylene contract price at 9,765 yuan/mt, a slight increase of 0.15% from March. This adjustment follows stabilized demand due to easing geopolitical tensions in the Middle East. Despite a tightening PX supply from maintenance activities and force majeure declarations, reduced PTA plant operations have kept PX demand stable. Sinopec's April PTA price is 6,570 yuan/mt, up 3.3% month-on-month, with a May PX nomination at 9,900 yuan/mt.

MorningStar

Sinopec April Paraxylene CP Up Amid Stable Demand — OPIS

Exxon Mobil, Chevron, and ConocoPhillips have cautioned that ongoing disruptions in the Strait of Hormuz could lead to further increases in global energy prices. As supply buffers, including inventories and strategic reserves, are depleting, the market's capacity to handle prolonged supply shocks is diminishing. Chevron's CFO noted that spare capacity is limited, while Exxon's CEO indicated that the market has not yet fully accounted for the supply impact. A prolonged closure of the strait, through which a significant portion of global oil and LNG flows, could result in substantial price hikes.

- Exxon Mobil, Chevron, and ConocoPhillips have alerted that global energy markets might experience further price hikes due to dwindling supply reserves amid disruptions in the Strait of Hormuz.  
- Executives noted that while inventories and strategic reserves have mitigated price impacts, they are depleting, limiting the market's capacity to handle extended supply shocks.  
- The closure of the strait, through which about 20% of global oil and LNG flows transit, could lead to substantially higher crude prices.

fidelity

Occidental Petroleum

ConocoPhillips

BP p.l.c.

Chevron

HSPC

Tortoise N Americ Pipe

Direxion Daily Energy Bull 2X

GLOBAL X MLP & Energy Infra

First Trust North American Energy Infra Fd

Global X MLP

Range Global LNG Ecosystem ETF

Direxion Daily XOM Bull 2X Shares

Alerian MLP

Big Oil Warns of Further Price Surge as Hormuz Disruption Drains Buffers

European markets are experiencing lower trading volumes due to May Day closures, with U.K. shares down. The Stoxx 600 ended April with a 4.83% gain, its largest since January 2025. Oil prices remain high amid stalled U.S.-Iran negotiations, with geopolitical tensions affecting market sentiment. AstraZeneca's stock fell after a drug setback, while Carlsberg is expected to see growth. The ECB's cautious stance on interest rates may stabilize markets. The dollar rose with oil prices, while Treasury yields remained steady amid inflation concerns. Oil prices hit a four-year high before easing, and gold prices are under pressure due to rising oil costs.

AstraZeneca PLC

European Midday Briefing: Oil Stays High Amid Stalled Peace Talks

E Fund CSI Petrochemical Industry ETF(516570.SH)

Oil production at Kazakhstan's Kashagan field reached 1.57 million tons in April, 6.6 mln tons year to date - NCOC consortium

Iran war energy shock drives interest in ethanol and other biofuels across hard-hit Asia

Jiangsu Lopal Completes Connected Capital Increase in Subsidiary Changzhou Liyuan

HK Stocks Close | All Three Major Indices Fall, Resources and Pharma Stocks Buck the Trend, Memory Chip Sector Plunges

11:18 ETSinopec lanza el agente de IA industrial "Fenghuo"

China Holds Domestic Air Fuel Surcharges Steady While Int'l Fees Rise

'Big Short' Idol Steve Eisman Warns Iran War Could End Tomorrow, But 'The Financial Event Is Not Ending'

Sinopec April Paraxylene CP Up Amid Stable Demand — OPIS

Big Oil Warns of Further Price Surge as Hormuz Disruption Drains Buffers

European Midday Briefing: Oil Stays High Amid Stalled Peace Talks