Group 1 - China National Offshore Oil Corporation (CNOOC) experienced a 4.03% decline in stock price on January 7, with a trading volume of 2.93 billion yuan [1] - On the same day, CNOOC had a financing buy-in amount of 411 million yuan and a financing repayment of 136 million yuan, resulting in a net financing buy of 275 million yuan [1] - As of January 7, the total financing and securities lending balance for CNOOC was 1.96 billion yuan, with the financing balance accounting for 2.29% of the circulating market value, indicating a high level compared to the past year [1] Group 2 - CNOOC, established on August 20, 1999, primarily engages in the exploration, production, and sales of crude oil and natural gas, with operations in various countries including China, Canada, the USA, the UK, Nigeria, and Brazil [2] - The company's revenue composition includes 82.73% from oil and gas sales, 14.96% from trading, and 2.31% from other activities [2] - For the period from January to September 2025, CNOOC reported a revenue of 312.5 billion yuan, a year-on-year decrease of 4.15%, and a net profit attributable to shareholders of 101.97 billion yuan, down 12.59% year-on-year [2] Group 3 - CNOOC has distributed a total of 255.99 billion yuan in dividends since its A-share listing, with 179.05 billion yuan distributed over the past three years [3] - As of September 30, 2025, the number of shareholders for CNOOC was 216,500, a decrease of 7.02% from the previous period [3] - The top ten circulating shareholders of CNOOC saw Hong Kong Central Clearing Limited exit from the list [3]

Core Insights - The article highlights the successful resolution of long-stalled projects in Huludao, specifically the relocation of the CNOOC 20-2 natural gas separation plant and the construction of the Longdong Marriott Hotel, showcasing the local government's commitment to overcoming historical issues and facilitating development [1][2]. Group 1: Project Developments - The CNOOC 20-2 natural gas separation plant, previously hindered by safety and operational issues due to urban encroachment, is set to relocate with a total investment of 12 billion yuan, marking a significant breakthrough in project advancement [2][4]. - The Longdong Marriott Hotel project, which had been dormant for nearly a decade due to safety distance regulations, is now poised to resume following the resolution of the gas plant's relocation [2][4]. Group 2: Government Initiatives - The Huludao municipal government has actively engaged with CNOOC to address project challenges, demonstrating a proactive approach through multiple meetings and tailored solutions to facilitate the relocation and subsequent hotel project [2][3]. - A "one-stop service" model has been implemented to streamline project approvals and enhance communication between government and enterprises, significantly improving the efficiency of project execution [2][3]. Group 3: Expected Outcomes - The relocation of the gas plant is expected to eliminate potential safety risks for surrounding residential areas and free up over 800 acres of valuable land for development [4]. - The Longdong Marriott Hotel is anticipated to commence operations by October 2027, contributing to the local economy and enhancing the region's service industry [4].

Core Viewpoint - The Hang Seng Index fell by 0.94% on January 7, with southbound capital transactions totaling HKD 134.39 billion, indicating a net inflow of HKD 9.18 billion [2] Group 1: Southbound Capital Transactions - Total southbound capital transactions amounted to HKD 134.39 billion, with buy transactions at HKD 71.79 billion and sell transactions at HKD 62.61 billion, resulting in a net buy of HKD 9.18 billion [2] - The Shenzhen Stock Connect saw total transactions of HKD 53.91 billion, with net buying of HKD 5.69 billion, while the Shanghai Stock Connect had total transactions of HKD 80.49 billion, with net buying of HKD 3.49 billion [2] Group 2: Active Stocks - Alibaba-W had the highest transaction amount among southbound stocks at HKD 15.06 billion, followed by SMIC and Tencent Holdings with HKD 6.48 billion and HKD 6.27 billion respectively [2][4] - Tencent Holdings recorded a net buy of HKD 1.96 billion, while Xiaomi Group-W had a net buy of HKD 1.63 billion, and the Yingfu Fund saw a net buy of HKD 1.47 billion [2][3] - China Mobile experienced the highest net sell at HKD 1.13 billion, with its stock price declining by 0.97% [2][4] Group 3: Continuous Net Buying - Four stocks received continuous net buying from southbound capital for more than three days, with Xiaomi Group-W leading at five days, followed by Alibaba-W at four days, and China Life at three days [3] - The total net buying amounts during this period were HKD 3.61 billion for Xiaomi Group-W, HKD 2.12 billion for Alibaba-W, and HKD 1.25 billion for China Life [3]

Core Viewpoint - The Huabao S&P Hong Kong Stock Connect Low Volatility Dividend ETF (159220) has shown a slight decline in its closing price and has experienced a modest increase in its scale since the end of 2025, indicating stable performance in a volatile market [1]. Group 1: Fund Performance - As of January 7, 2025, the fund closed down by 0.50% with a trading volume of 20.57 million yuan [1]. - The fund's management fee is 0.50% annually, and the custody fee is 0.10% annually [1]. - The fund's latest share count is 512 million, with a total scale of 311 million yuan, reflecting a 0.00% increase in shares and a 0.98% increase in scale since December 31, 2025 [1]. Group 2: Trading Activity - Over the last 20 trading days, the cumulative trading amount for the fund reached 716 million yuan, with an average daily trading amount of 35.78 million yuan [1]. Group 3: Fund Management - The current fund managers are Yang Yang and Hu Yijiang, both of whom have managed the fund since its inception on April 29, 2025, achieving a return of 20.30% during their tenure [2]. Group 4: Top Holdings - The fund's top holdings include Jiangxi Copper Co. (3.33%), Hang Lung Properties (3.17%), China Shenhua Energy (3.10%), and others, with their respective market values and share counts detailed [3].

深港通（南向）十大活跃成交公司 | 公司名称 | 成交金额 | 净买入额 | | --- | --- | --- | | 阿里巴巴-W(09988) | 67.05 亿元 | -8.50 亿元 | | 腾讯控股(00700) | 28.31 亿元 | +10.69 亿元 | | 中芯国际(00981) | 19.91 亿元 | -3198.98 万元 | | 小米集团-W(01810) | 16.55 亿元 | +8.19 亿元 | | 美团-W(03690) | 13.07 亿元 | +4.48 亿元 | | 华虹半导体(01347) | 11.91 亿元 | +3.53 亿元 | | 中国人寿(02628) | 10.61 亿元 | +4.16 亿元 | | 快手-W(01024) | 9.49 亿元 | -1.57 亿元 | | 中国海洋石油(00883) | 9.43 亿元 | +1.55 亿元 | | 恒生中国企业(02828) | 9.15 亿元 | +9.12 亿元 | | 公司名称 | 成交金额 | 净买入额 | | --- | --- | --- | | 阿里巴巴-W(09988) | 83 ...

Group 1 - The Hong Kong stock market saw a net inflow of 9.178 billion HKD from northbound trading on January 7, with the Shanghai-Hong Kong Stock Connect contributing 3.49 billion HKD and the Shenzhen-Hong Kong Stock Connect contributing 5.688 billion HKD [1] - The most bought stocks included Tencent (00700), Xiaomi Group-W (01810), and the Tracker Fund of Hong Kong (02800), while the most sold stocks were China Mobile (00941), SMIC (00981), and CNOOC (00883) [1][2] - Alibaba-W (09988) recorded a net inflow of 9.74 billion HKD, while SMIC (00981) experienced a net outflow of 10.38 billion HKD [2] Group 2 - Tencent (00700) received a net inflow of 8.86 billion HKD, while Xiaomi Group-W (01810) saw a net inflow of 8.13 billion HKD [2] - The report from Citigroup highlighted three key themes for the mainland internet industry by 2026: growth in recurring revenue from cloud infrastructure, competition among major internet companies for AI chatbot user traffic, and deployment of proprietary AI agents by vertical companies [4] - Xiaomi Group-W (01810) was notably bought with a net inflow of 16.32 billion HKD, as the CEO announced plans for the new generation of the Xiaomi SU7 to be launched in April [5] Group 3 - The Tracker Fund of Hong Kong (02800) and Hang Seng China Enterprises (02828) received net inflows of 14.65 billion HKD and 9.12 billion HKD, respectively [5] - Goldman Sachs maintained an "overweight" rating on Chinese A-shares and H-shares, citing attractive risk-reward ratios amid low investor positioning [5] - Goldwind Technology (02208) received a net inflow of 2.1 billion HKD, with potential positive catalysts linked to its stake in Blue Arrow Aerospace [6] Group 4 - China Life (02628) saw a net inflow of 4.16 billion HKD, while China Mobile (00941) and SMIC (00981) faced net outflows of 11.26 billion HKD and 10.7 billion HKD, respectively [7]

Group 1 - The oil and gas extraction sector experienced a decline of 3.02% on January 7, with China National Offshore Oil Corporation (CNOOC) leading the losses [1] - The Shanghai Composite Index closed at 4085.77, up 0.05%, while the Shenzhen Component Index closed at 14030.56, up 0.06% [1] - The main funds in the oil and gas extraction sector saw a net outflow of 571 million yuan, while retail investors had a net inflow of 367 million yuan [1] Group 2 - Blue Flame Holdings (000968) closed at 6.90 with a slight increase of 0.44%, while ST Xinchao (600777) fell by 0.51% to 3.87 [2] - CNOOC (600938) reported a significant net outflow of 505 million yuan, accounting for 17.23% of its total funds [2] - The trading volume for Intercontinental Oil and Gas (600759) was 611.23 million shares, with a decline of 2.69% to a closing price of 3.25 [1][2]

Group 1 - China National Offshore Oil Corporation (CNOOC) experienced a 5% decline in stock price, trading at 28.30 yuan per share with a transaction volume of 2.493 billion yuan and a turnover rate of 2.90%, resulting in a total market capitalization of 1,345.098 billion yuan [1] - CNOOC, established on August 20, 1999, and listed on April 21, 2022, primarily engages in the exploration, production, and sales of crude oil and natural gas, operating in three segments: exploration and production, trading, and business management [1] - The company's revenue composition is as follows: 82.73% from oil and gas sales, 14.96% from trading, and 2.31% from other activities [1] Group 2 - Huashang Fund has a significant holding in CNOOC, with the Huashang Hongli Optimal Mixed Fund (000279) holding 133,800 shares, representing 2.21% of the fund's net value, making it the fifth-largest holding [2] - The Huashang Hongli Optimal Mixed Fund was established on September 17, 2013, with a current size of 158 million yuan, achieving a year-to-date return of 2.75% and a one-year return of 18.1% [2] - The fund manager, Deng Mo, has a tenure of 10 years and 124 days, with the fund's total assets amounting to 2.285 billion yuan, and the best and worst returns during his tenure being 151.24% and -41.84%, respectively [3]

Core Viewpoint - The successful docking of the LNG carrier "Freight" at China National Offshore Oil Corporation's Yancheng "Green Energy Port" marks the commencement of LNG unloading tasks at the Yancheng port, set to continue until 2026 [1]. Group 1: LNG Operations and Statistics - In 2025, the Yancheng border inspection station efficiently facilitated the smooth passage of 52 LNG vessels, representing a year-on-year increase of 10.6% compared to 2024, achieving a new record of 4 vessels in 6 days [3]. - The total LNG unloading volume at China National Offshore Oil Corporation's Yancheng "Green Energy Port" reached 2.646 million tons, significantly contributing to energy supply in the East China region and supporting the national "dual carbon" goals [3]. - The Yancheng "Green Energy Port" has established 4 LNG storage tanks of 220,000 cubic meters and 6 tanks of 270,000 cubic meters, making it the largest LNG energy hub in China, integrating functions of ocean transportation, unloading, storage, gasification, and distribution [3]. Group 2: Efficiency Measures - The Yancheng border inspection station implemented a series of policies focused on "efficient customs clearance and seamless connection," including the "three zero measures" (zero waiting, zero obstacles, zero errors) and "rapid review and direct push" to streamline processes [3]. - These measures reduced nearly 70% of declaration items and shortened the average time vessels spend in port by 2-3 hours, maximizing the efficiency of clean energy operations [3].

石油股全线走低，截至发稿，中石油(00857)跌3.03%，报8.01港元；中海油(00883)跌2.91%，报20.68港 元；中石化(00386)跌1.06%，报4.65港元。 消息面上，国际油价周二下跌。纽约商品交易所2月交货的轻质原油期货价格报收于每桶57.13美元，跌 幅为2.04%；3月交货的伦敦布伦特原油期货价格报收于每桶60.70美元，跌幅为1.72%。据报道，美国总 统特朗普6日称，委内瑞拉将向美国移交3000万至5000万桶"受制裁的高品质石油"，此举引发市场对供 应增加的担忧，特朗普在社交媒体上写道，这批石油将按市场价出售，所得资金将由他"亲自监管"。 ...