Group 1 - The core viewpoint of the article highlights Sinopec Engineering's completion of the conversion of 220 million domestic shares held by China National Petroleum Corporation into H-shares, which were listed on the Hong Kong Stock Exchange on February 13, with a market value of HKD 1.698 billion, accounting for 15.42% of the total issued share capital [1] - The China Petroleum Group emphasized "second entrepreneurship" to promote high-quality development during its 2026 work meeting held on February 12 [1] Group 2 - In the recent five trading days, the stock price has increased by 1.47%, closing at HKD 7.60 on February 13, with a single-day decline of 1.81%, but a 10.14% increase over 20 days [2] - On February 12, there was a net inflow of HKD 1.108 million in main funds, which turned into a net outflow of HKD 2.0828 million on February 13 [2] - The MACD histogram turned positive to 0.108 on February 13, with the KDJ J-line at 71.54, and the stock price is above all key moving averages, with the upper Bollinger Band touching HKD 7.95 [2] Group 3 - Three institutions recently set a target average price of HKD 8.70, indicating potential upside from the current stock price, with the highest target reaching HKD 9.59; 75% of the institutional ratings for February 2026 are "buy" or "hold" [3] - According to a report by Everbright Securities, the "three major oil companies" are strengthening energy supply security and refining upgrades, and Sinopec Engineering, as a downstream service provider, is expected to benefit from the quality improvement in the industry chain [3]

Core Viewpoint - The Tianhong CSI Hong Kong Stock Connect Central State-Owned Enterprises Dividend ETF (159281) experienced a decline of 1.74% in its closing price on February 13, with a trading volume of 48.02 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]. - The fund's performance benchmark is the CSI Hong Kong Stock Connect Central State-Owned Enterprises Dividend Index, adjusted for valuation exchange rates [1]. Group 2: Fund Size and Performance - As of February 12, 2025, the fund had a total of 345 million shares and a total size of 359 million yuan, showing a 2.54% decrease in shares and a 2.46% increase in size since December 31, 2025 [1]. - The cumulative trading amount over the last 20 trading days reached 1.218 billion yuan, with an average daily trading amount of 60.88 million yuan [1]. Group 3: Fund Management and Holdings - The current fund manager is He Yuxuan, who has managed the fund since its inception, achieving a return of 2.94% during the management period [2]. - Major holdings in the fund include COSCO Shipping Holdings (4.11%), China Shenhua Energy (2.68%), CNOOC (2.56%), Sinopec Engineering (2.56%), China National Offshore Oil Corporation (2.52%), China Merchants Energy Shipping (2.45%), PetroChina (2.37%), China Coal Energy (2.37%), CITIC International (2.34%), and China Construction Bank (2.28%) [2].

Core Viewpoint - The Hong Kong Stock Connect Central State-Owned Enterprises Dividend ETF (159266) experienced a decline of 1.64% in its closing price on February 13, with a trading volume of 12.8849 million yuan [1]. Group 1: Fund Overview - The fund was established on July 23, 2025, and is officially named Yongying CSI Hong Kong Stock Connect Central State-Owned Enterprises Dividend ETF [1]. - The management fee is set at 0.50% per annum, while the custody fee is 0.10% per annum [1]. - The fund's performance benchmark is the CSI Hong Kong Stock Connect Central State-Owned Enterprises Dividend Index return (calculated based on valuation exchange rates) [1]. Group 2: Fund Size and Performance - As of February 12, 2025, the fund had a total of 539 million shares and a total size of 565 million yuan [1]. - Compared to December 31, 2025, the fund's shares decreased by 12.51% and its size decreased by 7.47% [1]. Group 3: Liquidity - Over the last 20 trading days, the cumulative trading amount for the fund was 265 million yuan, with an average daily trading amount of 13.2605 million yuan [1]. Group 4: Fund Management - The current fund managers are Liu Tingyu and Cai Leping, with Liu managing the fund since July 23, 2025, achieving a return of 3.01%, and Cai managing since November 5, 2025, with a return of 0.17% [2]. Group 5: Top Holdings - The fund's top holdings include: - COSCO Shipping Holdings (4.14% of holdings) - China Shenhua Energy (2.69%) - CNOOC (2.58%) - Sinopec Engineering (2.57%) - China National Offshore Oil Corporation (2.54%) - China Merchants Industry Holdings (2.46%) - CITIC International Communications (2.39%) - PetroChina (2.38%) - China Coal Energy (2.38%) - China Construction Bank (2.29%) [2][3].

2月12日，中石化炼化工程发布公告，香港联交所上市委员会已于近期就中国石油集团持有的约2.2亿股 内资股转换的H股(经转换H股)上市及买卖授出上市批准。约2.2亿股内资股已于2026年2月12日完成转换 为H股。经转换H股将于2026年2月13日上午九时正开始于香港联交所上市。 香港联交所最新资料显示，2月12日，中石化炼化工程(02386)股东将股票存入中国证券登记结算香港， 存仓市值16.98亿港元，占比15.42%。 ...

2月12日，中石化炼化工程发布公告，香港联交所上市委员会已于近期就中国石油集团持有的约2.2亿股 内资股转换的H股(经转换H股)上市及买卖授出上市批准。 约2.2亿股内资股已于2026年2月12日完成转 换为H股。经转换H股将于2026年2 月13日上午九时正开始于香港联交所上市。 智通财经APP获悉，香港联交所最新资料显示，2月12日，中石化炼化工程(02386)股东将股票存入中国 证券登记结算香港，存仓市值16.98亿港元，占比15.42%。 ...

Core Viewpoint - Southbound funds have reduced their holdings in Sinopec Engineering (02386.HK) by 1.791 million shares on February 12, with a total net reduction of 6.1825 million shares over the past five trading days and 6.9705 million shares over the past twenty trading days [1] Company Overview - Sinopec Engineering (Group) Co., Ltd. primarily engages in engineering contracting business in China [1] - The company operates four segments: - Design, Consulting, and Technology Licensing, providing services such as design, consulting, R&D, feasibility studies, and compliance certification to the refining and chemical industries [1] - Engineering Contracting, offering integrated engineering, procurement, construction, maintenance, and project management services to the refining and chemical sectors [1] - Construction, focusing on infrastructure for the refining and chemical industries, including new construction, renovation, expansion, and maintenance services for oil and gas storage tanks and transportation pipelines, as well as heavy equipment lifting and transportation for construction projects [1] - Equipment Manufacturing, involved in the design, R&D, manufacturing, and sales of equipment and components required in refining and chemical facilities [1]

Core Viewpoint - Sinopec Engineering (02386) has received approval from the Hong Kong Stock Exchange Listing Committee for the listing and trading of approximately 220 million domestic shares converted into H-shares, which will commence on February 13, 2026 [1] Group 1 - The conversion of approximately 220 million domestic shares into H-shares was completed on February 12, 2026 [1] - The newly converted H-shares will begin trading on the Hong Kong Stock Exchange at 9:00 AM on February 13, 2026 [1]

Group 1 - The board of Sinopec Engineering (02386.HK) announced that the Hong Kong Stock Exchange Listing Committee has granted approval for the listing and trading of 219,980,000 shares of domestic shares converted into H-shares by China Petroleum Group [1] - The conversion of 219,980,000 domestic shares into H-shares was completed on February 12, 2026 [1] - The converted H-shares will commence trading on the Hong Kong Stock Exchange at 9:00 AM on February 13, 2026 [1]

Group 1 - Sinopec Engineering (02386) announced that the Hong Kong Stock Exchange Listing Committee has recently granted approval for the listing and trading of approximately 220 million domestic shares converted into H-shares held by China National Petroleum Corporation [1] - The conversion of approximately 220 million domestic shares into H-shares was completed on February 12, 2026 [1] - The converted H-shares will begin trading on the Hong Kong Stock Exchange at 9:00 AM on February 13, 2026 [1]

公司名稱： 中石化煉化工程（集團）股份有限公司 呈交日期： 2026年2月12日 FF305 翌日披露報表 (股份發行人 ── 已發行股份或庫存股份變動、股份購回及/或在場内出售庫存股份) 表格類別： 股票 狀態： 新提交 如上市發行人的已發行股份或庫存股份出現變動而須根據《香港聯合交易所有限公司（「香港聯交所」）證券上市規則》(「《主板上市規則》」)第13.25A條 / 《香港聯合交易所有限公司GEM證券 上市規則》(「《GEM上市規則》」)第17.27A條作出披露，必須填妥第一章節 。 | 第一章節 | | | | | | | --- | --- | --- | --- | --- | --- | | 1. 股份分類 普通股 | 股份類別 H | | 於香港聯交所上市 | 是 | | | 證券代號 (如上市) 02386 | 說明 H股 | | | | | | A. 已發行股份或庫存股份變動 | | | | | | | | 已發行股份（不包括庫存股份）變動 | | 庫存股份變動 | 每股發行/出售價 (註4) | 已發行股份總數 | | 事件 | 已發行股份（不包括庫存股份）數 目 | 佔有關事件前的現有 ...