Core Viewpoint - The Central Commission for Discipline Inspection and National Supervisory Commission is intensifying efforts to combat corruption within China National Offshore Oil Corporation (CNOOC) by enhancing supplier governance and eliminating corrupt practices [1][2][3][4]. Group 1: Supplier Governance - The CNOOC's disciplinary inspection team has reported significant breakthroughs in handling cases of occupational crimes, resulting in the identification of numerous non-compliant suppliers [1][2]. - A total of 128 non-compliant suppliers have been banned since 2025, and 161 suppliers have been reported for disciplinary action [1][2]. - The team has established a closed-loop management system for reporting, follow-up supervision, and feedback on supplier governance [1]. Group 2: Addressing Corruption - The inspection team is focusing on issues such as interest transfer between leaders and suppliers, and has conducted investigations into 181 suppliers involved in corruption since the 19th National Congress of the Communist Party [2][3]. - In 2025, 17 typical cases of suppliers corrupting leadership were exposed, reinforcing a high-pressure environment against corruption [2]. - The team has processed 21 suppliers and held 35 individuals accountable this year alone [2]. Group 3: Systematic Reforms - CNOOC is implementing reforms to separate management, operation, and usage in procurement processes, aiming for centralized management of bidding and procurement across the system [3][4]. - A digital platform for supplier management is being developed to enhance the monitoring and evaluation of suppliers throughout the entire procurement process [4]. - The company is promoting a comprehensive regulatory framework for supplier management, including compliance and risk prevention measures [4].

Core Insights - The article discusses the launch of the world's first integrated sea-air low-altitude economic solution by Peak Fly Aviation Technology, which combines zero-carbon water airports with eVTOL (electric vertical takeoff and landing) aircraft, aimed at enhancing operational efficiency in the energy maintenance sector [1][3][10] Group 1: Sea-Air Integration - Peak Fly's eVTOL, named "Kairiou," successfully completed a 58-minute delivery flight of fresh fruits and emergency supplies to an offshore oil platform, significantly reducing the transportation time compared to traditional methods that took around 10 hours [3][4] - The eVTOL can carry a maximum load of 500 kg and has a range of 200 km, covering most offshore oil platforms in China's coastal areas [4][10] - The integration of eVTOL with a mobile water airport allows for on-demand deployment, enhancing response times and reducing the need for pre-stored spare parts on platforms [6][9] Group 2: Technological Innovations - The zero-carbon water airport features solar energy collection and smart scheduling, enabling it to operate without relying on shore power, thus improving efficiency and reducing costs [6][9] - The customized battery developed by CATL for the eVTOL has a high energy density of 500 Wh/kg, which is over 40% better than traditional lithium batteries, and is designed to operate in extreme conditions [9][10] - Future developments include a next-generation solid-state battery that could further enhance the eVTOL's range and safety [10][11] Group 3: Market Potential - The offshore oil platform maintenance market in the South China Sea alone is valued at over 10 billion yuan, indicating a stable demand for the services offered by Peak Fly [10][11] - Peak Fly's strategy focuses on binding its technology to specific industry needs, differentiating itself from competitors who are primarily targeting urban commuting and tourism [10][11] - The company has secured 2,000 eVTOL commercial orders, with 300 confirmed orders by the end of 2025, showcasing strong market interest [13]

中国海油11月24日大宗交易平台出现一笔成交，成交量240.00万股，成交金额6386.40万元，大宗交易成 交价为26.61元，相对今日收盘价折价4.96%。该笔交易的买方营业部为华安证券股份有限公司重庆分公 司，卖方营业部为光大证券股份有限公司重庆金昌路证券营业部。 证券时报·数据宝统计显示，中国海油今日收盘价为28.00元，下跌3.15%，日换手率为1.46%，成交额为 12.29亿元，全天主力资金净流出1.57亿元，近5日该股累计下跌3.31%，近5日资金合计净流出2.29亿 元。 | 成交量 | 成交金额 | 成交价格 | 相对当日收盘折 | 买方营业部 | 卖方营业部 | | --- | --- | --- | --- | --- | --- | | （万股） | （万元） | （元） | 溢价（%） | | | | 240.00 | 6386.40 | 26.61 | -4.96 | 华安证券股份有限 | 光大证券股份有限公司重庆 | | | | | | 公司重庆分公司 | 金昌路证券营业部 | （文章来源：证券时报网） 两融数据显示，该股最新融资余额为13.74亿元，近5日减少9499.24万 ...

Core Insights - The Hang Seng Index rose by 1.97% on November 24, with southbound trading totaling HKD 102.72 billion, resulting in a net inflow of HKD 8.57 billion [1][2] Trading Activity - Southbound trading saw a total turnover of HKD 1,027.23 million, with buy transactions amounting to HKD 556.47 million and sell transactions at HKD 470.76 million, leading to a net buy of HKD 85.71 million [1] - The Hong Kong Stock Connect (Shenzhen) recorded a total turnover of HKD 437.54 million, with net buying of HKD 64.94 million, while the Hong Kong Stock Connect (Shanghai) had a turnover of HKD 589.69 million and a net buy of HKD 20.78 million [1] Active Stocks - Alibaba-W was the most actively traded stock with a total turnover of HKD 167.75 million and a net buy of HKD 40.66 million, closing up by 4.67% [1][2] - Other notable stocks included Tencent Holdings with a net buy of HKD 11.67 million and Kuaishou-W with a net buy of HKD 8.19 million [1] - Semiconductor company SMIC saw the highest net sell of HKD 10.24 million, closing down by 1.09% [1][2] Continuous Net Buying - Alibaba-W, Southern Hang Seng Technology, and Tencent Holdings experienced continuous net buying for 8, 5, and 3 days respectively, with Alibaba-W leading in net buy amount at HKD 173.86 million [2]

Market Overview - On November 24, the Hang Seng Index rose by 1.97%, closing at 25,716.50 points, with a net inflow of HKD 8.571 billion through the southbound trading channel [1][3] - The total trading volume for the southbound trading on that day was HKD 102.723 billion, with a net buy of HKD 8.571 billion [1] Southbound Trading Details - The Shanghai Stock Exchange's southbound trading had a total transaction amount of HKD 58.969 billion, with a net buy of HKD 2.078 billion [1] - The Shenzhen Stock Exchange's southbound trading had a total transaction amount of HKD 43.754 billion, with a net buy of HKD 6.494 billion [1] Active Stocks - Alibaba-W was the most actively traded stock, with a transaction amount of HKD 96.853 billion on the Shanghai Stock Exchange and HKD 70.891 billion on the Shenzhen Stock Exchange, resulting in a net buy of HKD 8.823 billion and HKD 31.84 billion respectively, with a closing price increase of 4.67% [2] - Semiconductor Manufacturing International Corporation (SMIC) had the highest net sell amount of HKD 4.83 billion, with a closing price decrease of 1.09% [1][2] - Other notable stocks included Xiaomi Group-W and Tencent Holdings, with transaction amounts of HKD 24.54 billion and HKD 21.19 billion respectively, and closing price increases of 1.52% and 2.38% [2]

Core Insights - On November 24, 2025, Alibaba-W (09988), SMIC (00981), and Xiaomi Group-W (01810) were the top three companies by trading volume in the southbound trading of the Stock Connect, with trading amounts of 9.685 billion, 4.391 billion, and 2.454 billion respectively [1] - In the Shenzhen-Hong Kong Stock Connect, Alibaba-W (09988), SMIC (00981), and Tencent Holdings (00700) also ranked as the top three, with trading amounts of 7.089 billion, 4.143 billion, and 2.119 billion respectively [1] Southbound Trading Activity - **Top Active Companies in Southbound Trading (Shanghai-Hong Kong)** - Alibaba-W (09988): Trading amount of 9.685 billion, net buying of 0.882 billion [2] - SMIC (00981): Trading amount of 4.391 billion, net selling of 0.483 billion [2] - Xiaomi Group-W (01810): Trading amount of 2.454 billion, net buying of 0.107 billion [2] - Other notable companies include Hua Hong Semiconductor (01347) with 2.341 billion and Tencent Holdings (00700) with 2.145 billion [2] - **Top Active Companies in Southbound Trading (Shenzhen-Hong Kong)** - Alibaba-W (09988): Trading amount of 7.089 billion, net buying of 3.184 billion [2] - SMIC (00981): Trading amount of 4.143 billion, net selling of 0.541 billion [2] - Tencent Holdings (00700): Trading amount of 2.119 billion, net buying of 1.054 billion [2] - Other significant companies include Hua Hong Semiconductor (01347) with 1.997 billion and Xiaomi Group-W (01810) with 1.443 billion [2]

Core Viewpoint - The article discusses the release of the evaluation index system for world-class enterprises in 16 industries by state-owned enterprises, highlighting the progress and assessment of central enterprises in building world-class standards [1]. Group 1: Evaluation Index System - The first batch of 11 industry evaluation index systems was released in November 2024, followed by a second batch of 5 in November 2025, covering 16 industries including power grid, oil and gas exploration, and telecommunications [1]. - The evaluation index system aims to assess the construction of world-class enterprises based on data from the year 2024 [1]. Group 2: Assessment Results - Among the 45 central enterprises evaluated, 13, including China National Petroleum, China Petroleum & Chemical, and State Grid, ranked in the top tier of their respective industries [1]. - The overall results indicate that central enterprises are making solid progress in building world-class standards [1]. Group 3: Key Evaluation Metrics - The evaluation metrics include various dimensions such as competitiveness, innovation, control, influence, and risk management, with specific indicators for each dimension [2][4][5]. - Key indicators include total revenue, total assets, profit margins, and R&D investment intensity, which are essential for assessing the performance and competitiveness of enterprises [2][3][4][5].

转自：中国电力新闻网 11月17日，在有限天津分公司滨州天然气处理厂，工作人员有序开展天然气外输计量系统维保工作。面对用气高峰，该厂全面推进保温伴热系统升级，新增伴热回路36条，铺设伴热管线1500余 11月12日，有限深圳分公司通过高栏终端和横琴终端日外输天然气量创单日外输气量新高。作为粤港澳大湾区最大的天然气生产基地，今年以来，白云气田深挖气田上产潜力，有序推进措施井 有限湛江分公司文昌9-2/9-3/10-3气田加强关键设备预防性维护，精细调控生产参数，全面提升气田运行效率。入冬前，该气田已完成隐患整改323项、关键设备维保19台（套），并通过动态 在江苏盐城，中国海油盐城"绿能港"储存量目前处于高位运行状态。今年以来，中国海油盐城"绿能港"完成接收站大型LNG设备自主检维修作业23次，实现关键设备运维能力突破。为切实做好 责任编辑：闫弘旭 随着寒潮来袭，全国用气需求逐步攀升。中国海油统筹海陆资源，提前部署、多措并举，扎实推进冬季天然气保供各项准备工作，全力保障天然气安全稳定供应。 ...

Core Viewpoint - The Tianhong CSI Hong Kong Stock Connect Central State-Owned Enterprises Dividend ETF (159281) experienced a slight decline of 0.10% in its closing price on November 24, with a trading volume of 42.6078 million yuan [1]. Group 1: Fund Overview - The Tianhong CSI Hong Kong Stock Connect Central State-Owned Enterprises Dividend ETF was established on August 20, 2025, with an annual management fee of 0.50% and a custody fee of 0.10% [1]. - As of November 21, the fund had a total of 267 million shares and a total size of 272 million yuan [1]. - The fund's performance benchmark is the adjusted return of the CSI Hong Kong Stock Connect Central State-Owned Enterprises Dividend Index [1]. Group 2: Liquidity and Performance - Over the last 20 trading days, the ETF recorded a cumulative trading amount of 1.006 billion yuan, with an average daily trading amount of 50.3229 million yuan [1]. - The current fund manager, He Yuxuan, has managed the fund since its inception, achieving a return of 1.74% during the management period [1]. Group 3: Top Holdings - The ETF's top holdings include: - COSCO Shipping Holdings (0.85% holding, 218,000 shares, market value of 2.9175 million yuan) - Orient Overseas International (0.40% holding, 10,500 shares, market value of 1.3717 million yuan) - China Foreign Transport (0.33% holding, 270,000 shares, market value of 1.1396 million yuan) - China National Petroleum (0.32% holding, 162,000 shares, market value of 1.0973 million yuan) - CITIC Bank (0.32% holding, 175,000 shares, market value of 1.1136 million yuan) - CNOOC (0.29% holding, 58,000 shares, market value of 1.0041 million yuan) - China Shenhua Energy (0.29% holding, 30,500 shares, market value of 982,600 yuan) - China Pacific Insurance (0.29% holding, 164,000 shares, market value of 1.0107 million yuan) - China Unicom (0.28% holding, 104,000 shares, market value of 952,800 yuan) - Agricultural Bank of China (0.27% holding, 189,000 shares, market value of 933,900 yuan) [2].

Core Viewpoint - The Penghua Hong Kong Stock Connect Low Volatility Dividend ETF (159117) has shown a positive performance with a closing increase of 0.58% on November 24, 2023, and a trading volume of 1.7916 million yuan [1] Group 1: Fund Overview - The fund was established on September 30, 2025, and is officially named Penghua S&P Hong Kong Stock Connect Low Volatility Dividend Index Securities Investment Fund [1] - The management fee is set at 0.30% annually, while the custody fee is 0.10% annually [1] - As of November 21, 2023, the fund has a total of 160 million shares and a total size of 166 million yuan [1] Group 2: Liquidity and Trading Activity - Over the last 20 trading days, the ETF has accumulated a total trading amount of 183 million yuan, with an average daily trading amount of 9.1706 million yuan [1] Group 3: Fund Management - The current fund managers are Yan Dong and Yu Zhanchang, both of whom have managed the fund since its inception, achieving a return of 3.44% during their tenure [1] Group 4: Top Holdings - The ETF's top holdings include: - Hang Lung Properties: 1.08% holding, 496,000 shares, valued at 4.0664 million yuan - Jiangxi Copper: 1.08% holding, 122,000 shares, valued at 4.0565 million yuan - China Shenhua: 1.05% holding, 110,000 shares, valued at 3.9728 million yuan - Far East Horizon: 0.99% holding, 588,000 shares, valued at 3.7202 million yuan - CNOOC: 0.96% holding, 210,000 shares, valued at 3.6159 million yuan - Sino Land: 0.94% holding, 384,000 shares, valued at 3.5443 million yuan - PetroChina: 0.87% holding, 496,000 shares, valued at 3.2921 million yuan - Hengan International: 0.87% holding, 134,500 shares, valued at 3.2589 million yuan - Henderson Land: 0.81% holding, 122,000 shares, valued at 3.0452 million yuan - Bank of China Hong Kong: 0.81% holding, 91,000 shares, valued at 3.0623 million yuan [2]