HK Stock Market Move | CHINA RISUN GP(01907) up more than 5% amidst US-Iran conflict disrupting Middle East oil and gas supply. Coal and chemical industry welcomes profit recovery opportunities.
China Xuyang Group (01907) rose more than 5%, as of the time of writing, it rose 5.26% to HK$2, with a turnover of HK$44.1893 million.
China Risun GP (01907) rose by over 5%, and as of the time of writing, it increased by 5.26% to 2 Hong Kong dollars, with a trading volume of 44.1893 million Hong Kong dollars.
On the news front, tensions in the Middle East have ignited oil prices, with Brent crude oil back above $90. Overnight, Trump no longer emphasizes the quick reaching of an agreement, stating "it's far from over," and threatening to soon strike a deeply buried nuclear facility in Iran. Tehran warned that any new attacks would escalate into a "regional war." Huatai believes that coal chemical industry is a strategic industry that ensures energy security and independent control of the chemical industry chain. In March 26, the disturbance of the US-Iran conflict disrupted the oil and gas supply in the Middle East, highlighting the strategic position of coal chemical industry and the opportunity for profit recovery.
Changjiang pointed out that the profit elasticity of China Risun GP's coal chemical industry is the most obvious contribution to the overall performance. Due to the large scale of coal chemical production capacity and the relatively small profit base last year, it is estimated that the performance of the coal chemical industry in 2026 will bring significant upward elasticity compared to the company's overall performance in 2025. Founder also stated that the sharp rise in the prices of chemical products has improved the performance of the chemical industry of the company, and it is expected that 2026 will be a year of significant growth in the chemical industry performance of Xuyang Group.
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