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Shandong Molong Announces Upcoming Board Meeting
Shandong Molong Petroleum Machinery (00568.HK) plans to hold a board of directors meeting on August 29 to approve interim performance.
Shandong Molong (00568.HK) announced that the board of directors meeting will be held on August 29, 2024 (Thursday) at the Enterprise Headquarters Group, Building 19, Floors 8-10, Shengcheng Street, Shouguang City, Shandong Province, China. The meeting will approve the unaudited mid-term performance of the company and its subsidiaries as of June 30, 2024 (including considering the distribution of dividends, if any), and handle any other matters.
SHANDONG MOLONG: DATE OF BOARD MEETING
Stocks Stall as Gold and Oil 'Tinderbox Hedges' Dominate Trading
Concerns about demand have become the main market tone. Brent crude oil fell to a six-month low at one point, while US oil fell more than 4% during trading hours.
Despite the significant escalation of geopolitical tensions in the Middle East this week, which once briefly pushed up crude oil prices, the concern about economic recession has become the main market sentiment, and investors are worried about the demand for crude oil. Oil prices fell sharply on Friday, falling for four consecutive weeks, marking the longest decline since December last year.
Oil: Recent Price Action Is Associated With Global Macro Flows – TDS
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