Petroleum shares collectively surged, PETROCHINA (00857) rose by 2.54%, and international oil prices reached a five-week high.

Jinwu Finance | Petroleum stocks have collectively surged. As of the time of writing, PETROCHINA (00857) is up 2.54%, CNOOC (00883) is up 2.05%, CHINA OILFIELD (02883) is up 1.72%, SHANGHAI PECHEM (00338) is up 0.83%, and SINOPEC CORP (00386) is up 0.98%. In terms of news, USA President Trump has threatened to impose tariffs on buyers of Russian oil. The proposal to impose a tariff of 25% to 50% on any country purchasing Russian oil could become an executive order, which would significantly impact the oil market.

Jinwu Financial News21:44 ET

China's CNOOC Discovers 100 Million-ton Oilfield in South China Sea, Xinhua Says

Investing.com Mar 30 21:04 ET

CNOOC Limited Just Missed Earnings And Its Revenue Numbers Were Weaker Than Expected

Simply Wall StMar 29 20:05 ET

CNOOC Reports Growth in Reserves, Production and Profits in 2024

China DailyMar 29 09:18 ET

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PR NewswireMar 28 12:06 ET

Capital movements | Northbound funds increased their holdings in Alibaba by nearly 1 billion Hong Kong dollars, while selling Xiaomi for more than 1.8 billion Hong Kong dollars for three consecutive days.

Track the latest trends of southward capital.

Gelonghui FinanceMar 28 08:46 ET