Daiwa: Expects China Petroleum & Chemical Corporation (00857.HK) stock price to rise with a target of HK$8.75, rated as "buy."

Zhtng Cijng APP huxn, M Gn Sh Dn L fb ynbo chng, xingxn Zhnggu Shyu Gfn (00857.HK) gji jing y wili 15 r shngshng, yn shchng dny zhngdng dq nngyun gngyng zhndun, lng yuji jj shngshng. Gohng rnwi, jtun gji zi jnq yuji psu hu knng hu fnchng, xinzi m y mbioji 8.75 gngyun j "zngch" pngj. According to the Zhitong Finance APP, Morgan Stanley released a research report stating that they believe the stock price of PetroChina (00857.HK) will rise in the next 15 days due to market concerns about disruptions in energy supply in the Middle East, leading to a sharp increase in oil prices. The bank believes that the company's stock price may rebound after a recent softening in oil prices, and is giving it a target price of 8.75 Hong Kong dollars with a "buy" rating.