Group 1: Market Reactions - The announcement of a potential ceasefire between Israel and Iran led to a significant drop in oil prices, with WTI and Brent crude oil falling nearly 9% and over 7% respectively [1] - In the Asia-Pacific market, WTI crude futures initially dropped over 5%, and as of the report, both WTI and ICE Brent crude were down over 2% [1] - Gold prices also saw a decline of 0.3% amid the easing geopolitical tensions [1] Group 2: Stock Performance - Hong Kong oil and gas stocks experienced sharp declines, with Baikin Oil Services plunging nearly 30%, Shandong Molong down over 18%, and Sinopec Oilfield Services falling over 14% [2][3] - In the A-share market, oil and gas service stocks also faced significant losses, with companies like Beiken Energy and Zhun Oil shares hitting the daily limit down [4] Group 3: Geopolitical Context - Trump's unilateral announcement of a ceasefire was met with skepticism, as both Israel and Iran did not confirm the agreement, with Iran's foreign minister stating no ceasefire "agreement" had been reached [6][8] - The ongoing conflict continued despite the announcement, with reports of missile attacks from Iran towards Israel [6] - The situation in the Strait of Hormuz, a critical oil shipping route, was highlighted, with previous threats from Iran to close it, which could have led to oil prices soaring to $120-$130 per barrel [11]

Group 1 - The core viewpoint of the article highlights a significant decline in the Hong Kong stock market for oil and gas equipment and service stocks, with notable drops in specific companies [1] Group 2 - Shandong Molong experienced a drop of over 25% [1] - Sinopec Oilfield Services fell nearly 15% [1] - Victory Pipeline saw a decline of over 7% [1]

Core Viewpoint - The Hong Kong oil and gas equipment stocks have strengthened significantly, with Shandong Molong rising nearly 15% amid geopolitical tensions regarding the potential closure of the Strait of Hormuz, which could lead to a spike in oil prices [1] Group 1: Stock Performance - Shandong Molong (00568.HK) increased by 14.81% [1] - Shengli Pipeline (01080.HK) rose by 11.90% [1] - Energy International Investment (00358.HK) gained 6.90% [1] - Sinopec Oilfield Service (01033.HK) saw an increase of 6.25% [1] Group 2: Geopolitical Context - Iranian parliamentary committee member Kousari stated that the Iranian parliament concluded that the Strait of Hormuz should be closed, although the final decision rests with the Iranian Supreme National Security Council [1] - JPMorgan forecasts that if the Strait of Hormuz is blocked, oil prices could surge to the range of $120-130 per barrel [1]

Company Overview - Sinopec Oilfield Service Corporation (SSC) is a major integrated oil and gas engineering and technical service company controlled by China Petroleum & Chemical Corporation, with over 60 years of operational experience [2] - The company was formed through the integration and restructuring of various oilfield enterprises under China Petroleum in 2012, and it is listed on both Shanghai and Hong Kong stock exchanges [2] - SSC operates five main business segments: geophysical services, drilling engineering, logging, downhole special operations, and engineering construction, covering the entire oil and gas industry chain from exploration to abandonment [2] Financial Performance - As of March 31, 2025, SSC reported total revenue of 17.85 billion yuan, a year-on-year decrease of 3.69%, while net profit attributable to shareholders was 218 million yuan, an increase of 23.04% [1] - The company's gross margin stood at 8.11%, with a debt-to-asset ratio of 88.37% [1] Market Position and Valuation - SSC's price-to-earnings (P/E) ratio is 21.33, ranking 22nd in the oil and gas industry, which has an average P/E ratio of -2.81 and a median of 4.06 [1] - Other companies in the industry have significantly lower P/E ratios, such as Zhujiang Steel Pipe at 0.91 and CGII Holdings at 4.06 [1] Recent Stock Performance - As of June 18, the stock price of SSC was 0.86 HKD per share, reflecting a 7.5% increase with a trading volume of 901 million shares and a turnover of 776 million HKD [1] - Over the past month, SSC's stock has increased by 26.98%, and year-to-date, it has risen by 23.08%, outperforming the Hang Seng Index by 19.54% [1]

Core Viewpoint - The company, PetroChina Oilfield Services, is experiencing a decline in stock price and has a high price-to-earnings (PE) ratio compared to its industry peers, indicating potential overvaluation in the current market [1][2]. Company Summary - The closing stock price of PetroChina Oilfield Services is 2.03 yuan, down 2.40%, with a rolling PE ratio of 57.22 times and a total market capitalization of 38.483 billion yuan [1]. - The company ranks 17th in the average PE ratio within the extraction industry, which has an average PE of 29.33 times and a median of 35.85 times [1][2]. - As of May 31, 2025, the number of shareholders is 107,500, a decrease of 2,700 from the previous count, with an average holding value of 352,800 yuan and an average shareholding of 27,600 shares [1]. Business Operations - PetroChina Oilfield Services specializes in large-scale integrated oil and gas engineering and technical services, with key products including geophysical services, drilling, logging, special downhole operations, and engineering construction [1]. - In 2024, the company plans to enhance its focus on key core technology breakthroughs and applications, achieving 15 provincial and ministerial-level scientific and technological awards, filing 1,034 patent applications (including 9 foreign patents), and obtaining 779 authorized patents [1]. - The company has established a key laboratory for logging services and has led the formation of a national technical committee for oil measurement testing [1]. Financial Performance - In the first quarter of 2025, the company reported an operating income of 17.850 billion yuan, a year-on-year decrease of 3.69%, and a net profit of 218 million yuan, reflecting a year-on-year increase of 23.00%, with a sales gross margin of 8.11% [1].

港股油气设备股走强，山东墨龙(00568.HK)大涨50%，中石化油服(01033.HK)涨10%，达力普控股 (01921.HK)涨超7%。 ...

6月13日恒生指数下跌0.59%，南向资金全天合计成交金额为1582.49亿港元，其中，买入成交792.19亿 港元，卖出成交790.30亿港元，合计净买入金额1.89亿港元。具体来看，港股通（深）累计成交金额 583.33亿港元，买入成交306.56亿港元，卖出成交276.77亿港元，合计净买入金额29.79亿港元；港股通 （沪）累计成交金额999.17亿港元，买入成交485.64亿港元，卖出成交513.53亿港元，合计净卖出金额 27.89亿港元。 成交活跃股方面，今日上榜个股中，南向资金成交金额最多的是山东墨龙，合计成交额97.45亿港元， 阿里巴巴-W、小米集团-W成交额紧随其后，分别成交79.63亿港元、55.14亿港元。以净买卖金额统 计，净买入的个股共有5只，美团-W净买入额为12.18亿港元，净买入金额居首，该股收盘股价下跌 1.99%，建设银行净买入额为4.06亿港元，中石化油服净买入额为8642.16万港元。净卖出金额最多的是 阿里巴巴-W，净卖出33.14亿港元，该股收盘股价下跌2.27%，腾讯控股、中国海洋石油遭净卖出20.64 亿港元、9.19亿港元。 6月13日南向资金成交活跃股 ...

6月13日恒生指数下跌0.59%，报收23892.56点，全天南向资金通过港股通渠道合计净买入1.89亿港元。 证券时报·数据宝统计，6月13日港股通全天合计成交金额为1582.49亿港元，成交净买入1.89亿港元。 具 体来看，沪市港股通成交金额999.17亿港元，成交净卖出27.89亿港元；深市港股通成交金额583.33亿港 元，成交净买入29.79亿港元。 6月13日港股通成交活跃股 | 代码 | 简称 | 类型 | 成交金额（万港元） | 成交净买入（万港元） | 日涨跌幅（%） | | --- | --- | --- | --- | --- | --- | | 00568 | 山东墨龙 | 港股通(沪) | 756964.09 | 4547.99 | 75.65 | | 09988 | 阿里巴巴-W | 港股通(沪) | 601722.19 | -304442.57 | -2.27 | | 00883 | 中国海洋石油 | 港股通(沪) | 414204.61 | -144192.65 | 2.07 | | 03988 | 中国银行 | 港股通(沪) | 335063.09 | -40552.59 ...

Group 1 - On June 13, 2025, Shandong Molong (00568), Alibaba-W (09988), and China National Offshore Oil Corporation (00883) were the top three companies by trading volume in the southbound section of the Shanghai-Hong Kong Stock Connect, with trading amounts of 75.70 billion, 60.17 billion, and 41.42 billion respectively [1] - In the southbound section of the Shenzhen-Hong Kong Stock Connect, Xiaomi Group-W (01810), Shandong Molong (00568), and Alibaba-W (09988) led the trading volume, with amounts of 22.51 billion, 21.76 billion, and 19.46 billion respectively [1] Group 2 - The top active companies in the southbound section of the Shanghai-Hong Kong Stock Connect included Shandong Molong (00568) with a net buying amount of +4547.99 million, while Alibaba-W (09988) and China National Offshore Oil Corporation (00883) had net selling amounts of -30.44 billion and -14.42 billion respectively [1] - In the southbound section of the Shenzhen-Hong Kong Stock Connect, Xiaomi Group-W (01810) recorded a net selling amount of -3.78 billion, while Shandong Molong (00568) had a net buying amount of +46.09 million [1]

Group 1: Market Overview - Northbound trading recorded a net buy of HKD 1.89 billion, with the Shanghai Stock Connect showing a net sell of HKD 27.89 billion and the Shenzhen Stock Connect showing a net buy of HKD 29.79 billion [1] - The most bought stocks included Meituan-W (03690), China Construction Bank (00939), and Sinopec Oilfield Service (01033), while the most sold stocks were Alibaba-W (09988), Tencent (00700), and CNOOC (00883) [1] Group 2: Stock Performance - Meituan-W (03690) received a net buy of HKD 12.18 billion, driven by the launch of its AI Coding Agent product, which allows users with no coding experience to create websites and software [4] - China Construction Bank (00939) saw a net buy of HKD 4.05 billion, while China Bank (03988) faced a net sell of HKD 4.05 billion, indicating a divergence in bank stock performance [5] - Xiaomi Group-W (01810) experienced a net sell of HKD 7.64 billion, with expectations of narrowing losses in its automotive business by 2025 [7] - Alibaba-W (09988) and Tencent (00700) faced significant net sells of HKD 33.13 billion and HKD 20.63 billion respectively, attributed to lower-than-expected capital expenditures and cloud revenue growth [8] Group 3: Sector Insights - The banking sector is attracting insurance capital due to its high dividend value and the strategic significance of insurance channels for business expansion [5] - The biotechnology sector is facing a sell-off, with companies like Stone Pharmaceutical Group (01093) and Innovent Biologics (01801) experiencing net sells due to a recent wave of equity financing [6] - Bubble Mart (09992) received a net buy of HKD 60.66 million, supported by its strong IP recognition and successful new product launches [6]