Oil stocks rose across the board, with Shanghai Petrochemicals rising more than 4%, hitting a new high in the stage.

Hong Kong stocks in the oil sector generally rose, among which Shanghai Petrochemicals rose more than 4% to hit a new high during this phase. CNOOC (China National Offshore Oil Corporation) rose by 1.5%, and CNOOC Oilfield Services, PetroChina, and Sinopec (China Petroleum & Chemical Corporation) all saw increases.