Group 1 - The oil sector in Hong Kong showed overall strength on February 16, with major stocks like CNOOC (00883.HK), CNOOC Services (02883.HK), and PetroChina (00857.HK) recording varying degrees of increase [1] - Geopolitical tensions in the Middle East, particularly the U.S. President Trump's support for Israel against Iran, have become significant catalysts for the oil and gas sector [1] - According to a report from Everbright Securities, the long-term supply-demand dynamics for crude oil remain favorable, maintaining a positive outlook on the "Big Three" oil companies and the oil service sector [1] Group 2 - CNOOC Services has recently submitted multiple patent applications to the National Intellectual Property Administration, focusing on core technologies in oil and gas development, which strengthens its technical reserves in the oilfield service sector [2]

Group 1 - Oil stocks generally rose in the morning session, with CNOOC (00883) up by 3.63% to HKD 25.12 [1][3] - CNOOC Services (02883) increased by 2.97% to HKD 9.71 [1][3] - PetroChina (00857) saw a rise of 1.44% to HKD 9.18 [1][3]

Group 1 - The Hong Kong stock market saw a general rise in oil stocks, with CNOOC (00883.HK) increasing by 4.29% to HKD 25.28 [2] - CNOOC Services (02883.HK) rose by 3.08% to HKD 9.72 [2] - PetroChina (00857.HK) experienced a 1.66% increase, reaching HKD 9.2 [2]

Group 1 - Oil stocks generally rose, with CNOOC (00883) up 4.29% at HKD 25.28, CNOOC Services (02883) up 3.08% at HKD 9.72, and PetroChina (00857) up 1.66% at HKD 9.20 [1] - Geopolitical uncertainties remain, with reports indicating that U.S. President Trump has expressed support for Israeli airstrikes on Iranian missile facilities if a deal with Iran is not reached [1] - Everbright Securities maintains a positive outlook on the "Big Three" oil companies and the oil service sector, citing a favorable long-term supply-demand landscape for crude oil [1]

Core Viewpoint - The article discusses the collaboration between the United States and Israel to exert maximum pressure on Iran, particularly targeting its oil exports to China, in an effort to compel Iran to abandon its nuclear program [1][3]. Group 1: U.S.-Israel Strategy on Iran - U.S. President Trump and Israeli Prime Minister Netanyahu agreed to intensify pressure on Iran, including actions against its oil sales to China, which constitute about 80% of Iran's oil exports [1][3]. - The oil industry is a crucial pillar of Iran's economy, accounting for over half of its foreign exchange income [3]. Group 2: Economic Impact and Negotiations - The World Bank estimates Iran's GDP for 2024 to be approximately $436.9 billion, with a per capita GDP of $4,771 [3]. - The U.S. and Iran are set to continue negotiations in Switzerland, although U.S. officials believe the likelihood of reaching an agreement is "zero" [3][6]. Group 3: Diverging Views on Negotiations - Netanyahu expressed skepticism about Iran's compliance with any potential agreement, while Trump suggested exploring the possibility of a deal [3][6]. - U.S. officials indicated that if Iran agrees to U.S. demands, options would be presented to Trump for consideration [5]. Group 4: Potential U.S.-China Tensions - Trump's recent threats to impose a 25% tax on any country engaging in business with Iran could reignite tensions between the U.S. and China, which is Iran's largest trading partner [7]. - Analysts suggest that Trump may be overestimating his leverage and that any aggressive actions against China could lead to significant repercussions [7].

Core Insights - The National Energy Administration of China announced significant achievements in oil and gas exploration and development, marking the successful completion of the "Seven-Year Action Plan" with record high reserves and production levels [1][2] Group 1: Production Achievements - By 2025, domestic crude oil production is projected to reach 216 million tons, a historical high, while natural gas production is expected to exceed 260 billion cubic meters, with equivalent production surpassing 200 million tons for the first time [1] - The Daqing and Shengli oil fields have focused on meticulous management and enhanced recovery rates, leading to sustained high production levels, with shale oil output exceeding 8.5 million tons [1] - The Bohai Sea oil field remains the largest crude oil production base in China, contributing over 60% of the national marine crude oil production increase [1] Group 2: Regional Contributions - The Ordos Basin's oil and gas equivalent production has surpassed 100 million tons, with crude oil production stabilizing at 38 million tons for two consecutive years and natural gas production nearing 80 billion cubic meters [2] - The Sichuan Basin's natural gas output has exceeded 80 billion cubic meters, accounting for over 40% of the national increase, with shale gas production around 27 billion cubic meters [2] - Marine crude oil production has surpassed 66 million tons, with natural gas production around 30 billion cubic meters, highlighting the growing significance of offshore energy resources [2] Group 3: Deep Earth Exploration - The oil and gas industry has made significant progress in deep earth exploration, with the implementation of the "Deep Earth Science Exploration" initiative [2] - Notable achievements include the successful drilling of the Tazhong 1 well in the Tarim Basin, reaching a depth of 10,910 meters, marking the first discovery of oil and gas at depths exceeding 10,000 meters [2] - The Sichuan Basin's deep exploration efforts have also set a global record for the largest diameter wellbore at depths over 10,000 meters [2]

Core Viewpoint - The quality supervision and inspection of key industrial products in Guangyuan City will be conducted during the New Year and Spring Festival periods starting January 2026, focusing on 34 types of products, with 100 batches sampled for testing [1]. Group 1: Inspection Results - A total of 95 batches of products have been tested, with 86 batches passing and 9 batches failing the quality standards [1]. - There are 5 batches of building insulation materials that are still pending inspection due to longer testing cycles [1]. Group 2: Product Categories - The inspected products include household gas stoves, electric blankets, commercial gas stoves, and lithium batteries for electric bicycles among others [1]. - The inspection results will be publicly announced after the objection period for the 9 non-compliant products and the completion of testing for the 5 pending batches [1].

Market Overview - The Hong Kong stock market experienced a decline, with the Hang Seng Index falling by 1.72% to 26,567.12 points, the Hang Seng Tech Index down by 0.90% to 5,360.42 points, and the National Enterprises Index decreasing by 1.55% to 9,032.71 points [1] - The Hang Seng Index opened lower at 26,640.16 points, dropped by 392.38 points, and ultimately closed down by 465.42 points, with a total trading volume exceeding 257.5 billion HKD [1] - The southbound trading (Hong Kong Stock Connect) saw a net inflow of over 20.2 billion HKD [1] Sector Performance - Overall, sectors such as chips and department stores saw gains, while new consumption, new energy vehicles, and telecommunications had mixed results. Conversely, sectors like gold, non-ferrous metals, biomedicine, port transportation, technology, oil and gas, brokerage, and banking mostly experienced declines [1] Individual Stock Movements - Notable stock movements included Xiaomi Group increasing by 0.88%, AIA Group decreasing by 4.18%, Zijin Mining falling by 7.64%, Hong Kong Exchanges and Clearing down by 2.13%, and Semiconductor Manufacturing International Corporation rising by 0.79% [1] - Ctrip Group-S dropped by 2.10%, Pop Mart fell by 1.90%, while Tian Shu Zhi Xin surged by 14.59% and Zhi Pu increased by 20.65% [1] - China Construction Bank decreased by 1.49%, China Resources Land fell by 2.52%, and Lao Pu Gold dropped by 3.97%, while Guotai Junan International rose by 4.61% and China Petroleum & Chemical Corporation fell by 4.33% [1] Top Traded Stocks - The top three traded stocks included Tencent Holdings, which fell by 0.65% with a trading volume exceeding 14.2 billion HKD; Alibaba, down by 2.02% with over 10.8 billion HKD in transactions; and Meituan, which decreased by 3.18% with a trading volume of over 8.1 billion HKD [2]

中国石油化工股份(00386)公布，董事会于2026 年2月13日收到李永林先生的辞职报告，李永林先生因工 作调整辞去中国石化（600028）执行董事、董事会战略委员会委员及高级副总裁职务。 ...

Group 1 - The core point of the article highlights the recent performance of China Petroleum (601857), which closed at 10.54 yuan on February 13, 2026, down 4.53% with a trading volume of 2.6046 million hands and a transaction amount of 2.752 billion yuan [1] - On February 13, the net inflow of main funds was 65.6504 million yuan, accounting for 2.39% of the total transaction amount, while retail investors saw a net outflow of 85.6808 million yuan, representing 3.11% of the total transaction amount [1] - The financing data indicates that on the same day, the financing buy was 459 million yuan, with a net buy ranking second in the market, while the margin balance stood at 1.0104 million yuan [2] Group 2 - For the first three quarters of 2025, China Petroleum reported a main revenue of 2.169256 trillion yuan, a year-on-year decrease of 3.92%, and a net profit attributable to shareholders of 126.279 billion yuan, down 4.9% year-on-year [3] - In Q3 2025, the company achieved a single-quarter main revenue of 719.157 billion yuan, an increase of 2.34% year-on-year, while the net profit attributable to shareholders was 42.286 billion yuan, down 3.86% year-on-year [3] - The company has a debt ratio of 38.38%, with investment income of 12.732 billion yuan and financial expenses of 8.929 billion yuan, resulting in a gross profit margin of 21.09% [3] Group 3 - Over the past 90 days, five institutions have provided ratings for China Petroleum, with four buy ratings and one hold rating, and the average target price set by institutions is 11.25 yuan [3]