Some gas stocks are strong, China Res Gas (01193) rose 4.02%. Institutions indicate that urban gas business is expected to achieve stable gross margin and high sales volume.

Some gas stocks performed strongly, with Beijing Gas Blue Sky (06828) up 5.41%, China Resources Gas (01193) up 4.02%, and Kunlun Energy (00135) up 3.26%. Xinda Securities stated that with the fall in upstream gas prices and the recovery of domestic natural gas consumption, urban gas business is expected to achieve stable gross profit and high sales volume; at the same time, traders with low-cost long-term gas sources and receiving station assets can independently choose to expand imports or seize the opportunity of reselling in the international market to increase profit margins. Minmetals Futures stated that the US natural gas industry, with its highly market-oriented,

金吾財訊Jul 4 22:16 ET

Zhixun Hong Kong analysis | Hong Kong stocks' status has been elevated with the strength of the external market. AI application terminals are favored.

The A-share market has entered a negative cycle with trading volume continuously shrinking to below 600 billion, the market is frozen. Changes in market positioning may be the main problem, causing capital to shift from virtual to real, and the status of the stock market to decline again. Hong Kong stocks, on the other hand, show signs of improvement. In June, the ISM Services PMI for the United States was 48.8, significantly below the expected 52.6, and down from 53.8 in May. The contraction speed is the fastest in four years, but S&P Global's Services PMI was as high as 55.3, the highest since April 2022. These two contradicting sets of data are quite confusing, making it difficult to determine the state of the US economy.

Zhitong FinanceJul 4 08:26 ET

China Res Beer (00291) has signed a Comprehensive Energy Project Framework Agreement with China Res Power and China Res Gas for comprehensive energy project cooperation.

China Res Beer (00291) announced that, on July 2, 2024, the company signed separate agreements with China Res Power and China Res Gas...

Zhitong FinanceJul 2 05:35 ET

The Past Three Years for China Resources Gas Group (HKG:1193) Investors Has Not Been Profitable

China Resources Gas Group Limited (HKG:1193) shareholders should be happy to see the share price up 22% in the last quarter. But that doesn't help the fact that the three year return is less impres

Simply Wall StJul 1 18:50 ET

Hong Kong stocks concept tracking | Gas sector boosted against the market, global heat wave pushes up henry hub natural gas prices (with concept stocks)

In the afternoon of June 24, Hong Kong stocks of gas rose against the trend, with China Res Gas (01193) up 1.64%, ENN Energy (02688) up 1.13%, and Kunlun Energy (00135) and other stocks following the rise.

Zhitong FinanceJun 24 19:12 ET

China Resources Pharmaceutical Unit Renews Energy Purchase Contract With China Resources Gas Subsidiary

A unit of China Resources Pharmaceutical Group (HKG:3320) has renewed an agreement to continue purchasing energy for heating and cooling, steam, and electricity from Chenzhou China Resources Gas, a Fr

MT NewswiresJun 21 07:34 ET