Hong Kong stock movement | Petroleum stocks continue to decline as the market worries about an oversupply in the oil market. Trump plans to increase Oil & Gas production.

Petroleum stocks continue to decline. As of the time of writing, China Oilfield Services (02883) is down 2.59%, trading at 7.16 HKD; KUNLUN ENERGY (00135) is down 1.62%, trading at 7.31 HKD; and PetroChina (00857) is down 0.98%, trading at 6.06 HKD.

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FXStreetJan 8 04:00 ET

CHAMPION TECH Group (00092) plans to offer a discount of about 16.95% for the placement of 0.164 billion shares, netting approximately 38.5 million Hong Kong dollars.

CHAMPION TECH (00092) announced that on January 7, 2025, the company plans to place 0.164 billion shares, ...

Zhitong FinanceJan 7 07:22 ET

Express News | Champion Technology - to Place 164.1 Mln Placing Shares at HK$0.245 per Share

ReutersJan 7 07:19 ET

Middle East Oil Prices Jump on Scant Flows From Iran, Russia

BNN BloombergJan 3 04:02 ET