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Hong Kong Stock Concept Tracking | Trump's tariff policy may disrupt Global oil demand and supply, tanker freight rates may rise in the short term (with concept stocks attached).
If tariffs continue to be implemented, it is expected that the demand for tanker ton-miles will increase, while domestic refining capacity in the USA may decline.
CITIC SEC: Crude Oil Product prices may reach a turning point in supply and demand relations, with the overall investment safety margin in the Chemical Sector being relatively high.
In 2025, the energy and chemical industries still face significant challenges amidst increasing uncertainty in domestic and foreign policies.
WISON ENGRG [02236] is currently reported at 0.246 Hong Kong dollars, with an increase of 11.82%.
As of 13:25, WISON ENGRG [02236] reported HKD 0.246, an increase of HKD 0.026 or 11.82% compared to the last closing price of HKD 0.22, with a transaction amount of HKD 0.6596 million. Today's highest price is HKD 0.246, and the lowest price is HKD 0.22. Based on yesterday's closing price, the 10-day average price is HKD 0.21, and the 50-day average price is HKD 0.19, with the current PE at -4.14 times and a 14-day strength index of 55.56.
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.
CPI Data, Oil Inventories Take Center Stage Wednesday
Oil: More Obstacles for Iranian Crude – ING