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.

Zhitong Finance22:04 ET

E Fund Zhang Kun's second quarter report is out! Once again heavily invested in Samsonite (01910) and Prada (01913).

Today, Yi Fang Da fund manager Zhang Kun disclosed the second quarter report of managed fund products in 2024. Following the first time to buy Samsonite (01910) and Prada (01913) in the fourth quarter of 2023, Zhang Kun once again heavily increased his holdings in the second quarter.

Zhitong FinanceJul 18 04:00 ET

Hong Kong stocks surge | Petroleum stocks rebound collectively, US crude oil inventory drops significantly, international oil prices stop falling and rebound.

Petroleum stocks are collectively rebounding. As of press time, China National Offshore Oil (00883) has risen by 2.84% to HKD 21.75; China Oilfield Services (02883) has risen by 2.62% to HKD 7.06; Kunlun Energy (00135) has risen by 2.59% to HKD 8.33.

Zhitong FinanceJul 18 02:44 ET

CNOOC has appointed Zhao Chunming as Vice President.

CNOOC (00883) announced that Mr. Xu Changgui was appointed as the company's chief geologist and no longer served as deputy chief geologist for exploration; Mr. Zhao Chunming was appointed as the company's vice president, effective from July 17, 2024.

新浪港股Jul 17 20:28 ET

Crude Prices May Be on the Cusp of a Breakdown – TDS

Downside pressures for Crude oil continue to grow as physical demand trends continue to deteriorate. Crude prices may be on the cusp of a breakdown, TD Securities Senior Commodity Strategist Daniel Ghali suggests.

FXStreetJul 17 10:47 ET

CNOOC (00883) appointed Zhao Chunming as Vice President.

CNOOC (00883) announced that Mr. Xu Changgui was appointed as the company's Chief Geologist and no longer serves as the Deputy Director of Exploration.

Zhitong FinanceJul 17 07:30 ET