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Is Ningxia Baofeng Energy Group (SHSE:600989) A Risky Investment?
China Silver Securities: Oil prices are running at a medium to high level, focusing on opportunities with growth certainty.
Currently, the petrochemical industry has a high level of ongoing projects. As the effects of policy stimulus gradually become evident, end consumer demand may see some improvement, but the industry's existing capacity and ongoing capacity will still require time to be digested.
Is Ningxia Baofeng Energy Group Co., Ltd.'s (SHSE:600989) Stock's Recent Performance A Reflection Of Its Financial Health?
Guosheng Securities: The likelihood of oil price fluctuations will increase in 2025, and the petrochemical sector is expected to welcome global strategy-level configuration opportunities.
Therefore, before the stabilization of the global macroeconomic situation in the mid-term, oil prices may be suppressed by expectations of a downturn for a certain period of time.
Ningxia Baofeng Energy Group (600989.SH) intends to acquire the Baofeng Yunen steam comprehensive pipeline project and related assets for a price of 0.492 billion yuan.
Ningxia Baofeng Energy Group (600989.SH) announced that the company plans to acquire Ningxia Baofeng Yuneng Technology Co., Ltd. (referred to as "Baofeng...
Express News | Baofeng Energy Plans to Buy Pipeline Project, Related Assets for 492 Mln Yuan
Ningxia Baofeng Energy Group (SHSE:600989) Could Be Struggling To Allocate Capital
