HK Stock Market Move | SINOPEC SSC(01033) rose more than 6%, overseas natural gas prices have continued to surge recently.

SINOPEC SSC (01033) rose more than 6%, as of the time of writing, it has risen by 6.41% to 0.83 Hong Kong dollars, with a trading volume of 1.85 billion Hong Kong dollars. On the news front, overseas natural gas prices have been continuously soaring recently. The natural gas futures listed on the New York Mercantile Exchange (NYMEX) rose by over 29% yesterday and surged over 12% again today, with the latest price at 5.506 US dollars per million British thermal units. In the past four trading days this week, US natural gas futures have accumulated a rise of over 70%. CITIC Futures stated that with the continuous sharp increase in US natural gas prices, heating oil demand is also expected to increase on a month-to-month basis. In the short term, attention needs to be paid to the impact of extremely cold weather sweeping across the United States on the oil and gas market.