HK Stock Market Move | Sinopec (00857) rose by more than 3% again, with the controlling shareholder and its subsidiaries increasing their holdings by approximately 3.9 billion yuan.

PetroChina (00857) rose by over 3%, as of the time of publication, it rose by 2.91% to HK$8.5, with a turnover of HK$3.56 billion. In terms of news, recently, PetroChina announced that its controlling shareholder, PetroChina Group, and its wholly-owned subsidiary, Fairy King Investments Ltd., accumulated an additional 30,000,000 A shares and 11,896,000 H shares of the company from April 8, 2025 to December 29, 2025, accounting for 0.02% and 0.01% of the company's total share capital, respectively. The corresponding amounts were RMB 301,111,201 and RMB 89,777,921. The previous increase plan planned to invest no less than RMB 2.8 billion and no more than RMB 5.6 billion, with the implementation period from April 8, 2025 to April 7, 2026, and will continue to be executed in the future.