The United States has captured the President and First Lady of Venezuela, which will shock the global financial market. Analysts suggest that Hong Kong stocks may open lower, and the stock prices of the "three major oil companies" may come under pressure. The Hang Seng Index opened higher by X points this morning, reporting X points.

PetroChina entered the Venezuelan market in 1998

For Hong Kong stocks, the companies directly affected by the Venezuelan incident naturally include Chinese oil companies. According to PetroChina's (857) official website, the company entered the Venezuelan market in 1998, and its current oil and gas investment projects in the region mainly include land and lake exploration and development projects, the Sumano oilfield development project, the Ori emulsified oil project, and the Orinoco heavy oil project. The stock opened at HKD 8.41, down 1.29%. As for CNOOC (883), which is more sensitive to oil price performance, it opened at HKD 21.28, down 2.65%.

Sinopec (386) is also involved in the POSA project and the Huning Block 8 project in Venezuela. It is worth noting that Sinopec had a lawsuit with the Venezuelan National Oil Company in 2017, which ultimately reached a settlement over unpaid bills, with Sinopec receiving compensation of over 100 million RMB. The stock opened at HKD 4.66, down 0.85%.

Gold-related stocks rose, with Shandong Gold (1787) and Zijin Mining International (2259) up over 1%, Zhaojin (1818) up 0.9%; Lingbao Gold (3330) up 0.8%; and Zijin Mining (2899) up 0.2%. Additionally, China Silver Group (815) also rose by 1.35%.

National Big Fund's stake in SMIC increases to over 9%

In individual stock news, SMIC (981) recently agreed to issue 357 million shares to the National Integrated Circuit Fund, increasing the fund's stake in SMIC's H shares from 4.79% to 9.25%, nearly doubling its stake. The stock opened at HKD 75.8, up 0.9%.

According to Bloomberg, Venezuela was once an important oil-producing country, but its production has plummeted over the past 20 years, currently accounting for less than 1% of global supply. A/S Global Risk Management Chief Analyst Arne Lohman Rasmussen estimates that the opening price of Brent crude oil will only rise slightly by 1 to 2 dollars or less.

Huang Deji: Oil prices may fall in the long term

Huang Deji, Executive Director of the Research Department at Yingli Securities, believes that the escalation of geopolitical tensions will stimulate oil, gold, and silver prices to rise, but in the long term, oil prices may fall because American oil companies will enter Venezuela. Wu Lixian, a securities strategist at Everbright Securities International, also believes that oil prices will rebound in the short term, but under the prevailing weakness, the increase will not be particularly large.

The Hang Seng Index may pull back; limited chances of rising this week

Regarding the performance of Hong Kong stocks, Huang Deji stated that the recent turmoil between the United States and Venezuela will affect the financial market. China has previously lent money to Venezuela, and Chinese oil companies have cooperated with Venezuela, so it cannot be ruled out that Hong Kong stocks may pull back today, opening about 300 points lower, roughly half of last Friday's gains, and the three major oil companies may decline. This week, the Hang Seng Index is likely to fluctuate around 26,300 points, with limited chances of risingWu Lixian stated that the Hang Seng Index night futures performed well last Saturday, but the Venezuela incident may not be good for the Asia-Pacific market. It is expected that Hong Kong stocks will mainly adjust, hovering between 25,500 and 26,500 points this week. If the Hang Seng Index can hold above 26,000 points, it will ensure that last week's breakout is valid