HK Stock Market Move | Shandong Molong Petroleum Machinery (00568) opened more than 13% higher as the U.S. and Iran exchanged fire again after a month, causing international oil prices to soar over 5%.

date
09:26 02/09/2026
avatar
GMT Eight
Shandong Molong (00568) opened up over 13%. As of the time of writing, it has risen by 13.57%, trading at HK$5.315, with a transaction volume of HK$17.633 million.
Shandong Molong Petroleum Machinery (00568) opened up over 13%. As of the time of writing, it has risen 13.57%, priced at HKD 5.32, with a transaction amount of HKD 17.63 million. In the news, the U.S. Central Command announced that its forces successfully carried out a strike operation against military targets in Iran on September 1, local time. Iran has launched heavy ballistic missiles towards a U.S. Marine Corps camp located on the shores of the Gulf of Aqaba in Jordan. As the U.S. and Iran have exchanged fire again after a month, WTI crude oil futures rose by 5.20% on Tuesday, while Brent crude oil futures increased by 4.6%.