A five-month high! Amidst a chorus of bearish voices, oil prices continue to rise.
The market previously widely expected that there would be a significant oversupply in the Crude Oil Product market this year, and that oil prices would remain stable or weaken. However, with the USA announcing a new round of sanctions on the Russian Energy sector, the market outlook became complex, compounded by concerns over Trump's tariff policy, leading to rising oil prices for consecutive days.
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Take action again! WUXI APPTEC sells 7.17% of WUXI XDC Stocks | Quick read of the announcement.
① The Stocks sold by WUXI APPTEC account for about 7.17% of the current total share capital of WUXI XDC, with a cumulative transaction amount of approximately 2.426 billion Hong Kong dollars; ② This is the second time WUXI APPTEC has recently sold related Assets; ③ WUXI XDC's revenue for the first half of 2024 increased by 67.6% year-on-year.
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