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HSBC: Concerns about oil prices may affect future shareholder returns of oil companies, lowering target prices for PetroChina, Sinopec, and China National Offshore Oil Corporation.
Even if the market is concerned about oil prices, the bank believes that the high-yield investment theme of China's energy industry remains stable.
CHINA OCEAN GP: Annual Report 2023-2024
China Ocean Group Development Limited's (HKG:8047) 29% Share Price Plunge Could Signal Some Risk
AH trends diverge, Hang Seng Index up 0.6%, CNOOC up 4%, national bond futures slightly rebound.
Rare earth permanent magnets concept stocks pull back, photovoltaic and lithography themes also weaken. Hong Kong's real estate, banks, and oil & gas stocks are strong, CNOOC up 4%, Agricultural Bank of China and China Merchants Bank rise more than 2%. After experiencing a sharp drop yesterday, national bond futures rebounded in early trading, with 10-year and 30-year national bond futures contracts rising nearly 0.1% in early trading.
China Ocean GP (08047) announced its annual results, with a net loss of HKD 37.401 million attributable to owners, a year-on-year decrease of 18.25%.
China Ocean GP (08047) announced its annual performance for the year ending March 31, 2024, with customer contract revenue of about 3...
Express News | China Ocean Group Development FY Revenue HKD 398.2 Million
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