HK Stock Market Move | The news from multiple sources caused oil prices to fluctuate drastically. CNOOC (00883) fell more than 4% and China Oilfield Services (02883) fell nearly 3%.
Oil stocks collectively fell, as of the time of writing, CNOOC (00883) dropped 4.14%, closing at HK$28.22; CNOOC Services (02883) dropped 2.76%, closing at HK$9.5.
Oil stocks collectively fell, as of press time, CNOOC (00883) fell 4.14%, at 28.22 Hong Kong dollars; China Oilfield Services (02883) fell 2.76%, at 9.5 Hong Kong dollars; PetroChina (00857) fell 1.98%, at 10.41 Hong Kong dollars.
On the news side, overnight international oil prices fluctuated significantly, with WTI crude oil falling more than 5% at one point, and Brent crude oil falling over 3%, falling below 100 dollars per barrel. US President Trump previously stated that he believes the war should not last too long. He also stated that once the war ends, oil prices will plummet rapidly like a rolling stone. US Treasury Secretary Mnuchin also stated that oil prices may drop "far below" 80 dollars in the coming months.
In recent days, US President Trump has called on multiple countries to participate in escort operations in the Strait of Hormuz, and has pressured NATO and other regional allies; there are also reports that a Pakistani-operated oil tanker smoothly passed through the Strait of Hormuz along the Iranian coastline on Monday. In addition, the International Energy Agency (IEA) stated on Monday that if needed, more oil reserves can still be further utilized.
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CMA LOGISTICS (01292) expects the net profit attributable to shareholders in 2025 to be approximately RMB 37-43 million, a decrease of about 38.27% to 28.27% year-on-year.
HK Stock Market Move | CMA LOGISTICS (01292) fell by 18% in the afternoon. It is expected that last year's net profit will decrease by up to 38.27% year-on-year.
HK Stock Market Move | NVIDIA GTC leads the way "first stock of Token" XUNCE (03317) soared more than 5% in the morning, the company deeply seizes the value gap of AI data.
CMA LOGISTICS (01292) expects the net profit attributable to shareholders in 2025 to be approximately RMB 37-43 million, a decrease of about 38.27% to 28.27% year-on-year.
