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Hong Kong stocks fluctuate | Petroleum stocks rebounded today, Sinopec (00386) rose more than 3%, API crude oil inventories exceeded expectations and reduced inventory.
Petroleum stocks rebounded today. As of the time of publication, Sinopec (00386) rose 3.55% to HKD 4.96; Kunlun Energy (00135) rose 2.85% to HKD 8.3; CNOOC (00883) rose 1.72% to HKD 20.7.
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Hong Kong stocks unusual movement | Petroleum stocks collectively weakened due to the combined effect of easing geopolitical risks and the strengthening of the US dollar, the international oil price has significantly dropped.
Petroleum stocks collectively weakened. As of press time, China Petroleum (00857) fell 2.53%, at HKD 6.93; CNOOC (00883) fell 1.71%, at HKD 20.15; and Sinopec (00386) fell 1.06%, at HKD 4.68.
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Hong Kong stocks turmoil | CNOOC (00883) fell more than 5% and led the decline in petroleum stocks. Oil prices may come under pressure in the fourth quarter. Institutions state that dividends trading heat has decreased.
Petroleum stocks continued to decline in early trading. As of press time, China Oilfield Services (00883) fell by 3.71%, to HKD 20.75. PetroChina (00857) fell by 3.35%, to HKD 7.21. China Petroleum & Chemical Corporation (02883) fell by 2.85%, to HKD 6.81. Sinopec (00386) fell by 2.45%, to HKD 4.77.
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