香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完 整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容而産生或因倚賴該等內 容而引致的任何損失承擔任何責任。 中國石油天然氣股份有限公司 PETROCHINA COMPANY LIMITED （於中華人民共和國註冊成立之股份有限公司） (股份代號：857) 海外監管公告 本公告乃根據香港聯合交易所有限公司證券上市規則第 13.10B 條作出。 茲載列中國石油天然氣股份有限公司在上海證券交易所網站刊登的《中國石油天然氣股份有限 公司股票交易異常波動公告》，僅供參閱。 特此公告 中國石油天然氣股份有限公司董事會 中國北京 2026 年 3 月 3 日 於本公告日，本公司董事會由戴厚良先生擔任董事長，由周心懷先生擔任副董事長及非執行董事， 由段良偉先生、周松先生及謝軍先生擔任非執行董事，由任立新先生、張道偉先生及宋大勇先生擔 任執行董事，由蔣小明先生、何敬麟先生、閻焱先生、劉曉蕾女士及張玉新先生擔任獨立非執行董 事。 证券代码 601857 证券简称 中国石油 公告编号 临 2026-001 中国石油天然气股份有限公 ...

中国石油天然气股份有限公司 股票交易异常波动公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： 中国石油天然气股份有限公司（简称"公司"或"本公司"）A 股股 票于 2026 年 2 月 27 日、3 月 2 日和 3 月 3 日连续三个交易日内收盘价格 涨幅偏离值累计超过 20%，根据《上海证券交易所交易规则》的有关规 定，属于股票交易异常波动。 经公司自查并询问控股股东及实际控制人，截至本公告披露日， 不存在应披露而未披露的重大信息。 敬请广大投资者注意投资风险。 证券代码 601857 证券简称 中国石油 公告编号 临 2026-001 （三）媒体报道、市场传闻、热点概念情况 经自查，公司未发现需要澄清或回应的媒体报道、市场传闻或热点 概念情况。 一、股票交易异常波动/严重异常波动的具体情况 公司A股股票于2026年2月27日、3月2日和3月3日连续三个交易日内 收盘价格涨幅偏离值累计超过20%，根据《上海证券交易所交易规则》 的有关规定，属于股票交易异常波动。 二、公司关注并核实的相关情况 1 针对公 ...

A股复盘 | 躲不过十五 / 2026.03.03 今天虽然亏钱了，但是段子管饱，自己一个人在工位上傻乐了一天！ 新浪财经7×24小时快讯 03月03日 13:40:15 伊朗称其击落了A股4千多家上 市公司 sina 新浪财经客户端 Sina Finance Mobile Version 董少鹏: 在重要节日、重要会议期间"砸 盘"是内外勾结破坏中国治理、干扰中国 社会信心的行为 必须打击 03/03 13:26 星期二 69 约2分钟 大 -9.98% 600589 11.00 電 家联科技 -6.93% 301193 25.67 创 元利科技 -8.54% 603217 24.74 消费电子 -4.53% 881124 12069.156 节能铁汉 -4.81% 300197 创 1.78 快意电梯 -4.58% 002 774 10.63 乐通股份 -7.00% UUZ319 13.95 资深财经评论员董少鹏发文指出,中国股市需要"维 稳",这是中国所处的国际环境所决定的。美国股市是国 际资本巨头博弈的场所，这些巨头已经形成了自己的"约 法三章",看似自由. 实则有强大默契。而中国股市不是 国际资本巨 ...

Core Viewpoint - The article discusses the impact of geopolitical tensions, particularly the military actions involving Iran and the closure of the Strait of Hormuz, on global oil and gas prices, leading to significant market reactions and investment opportunities in the energy sector [3][24]. Oil Market Summary - International oil prices have surged, with Brent crude exceeding $82 per barrel and WTI reaching $75 per barrel, driven by geopolitical tensions [3]. - As of March 3, 2023, the ICE Brent crude price increased by 2.74% year-to-date, reflecting a 32.88% rise since the beginning of the year [4]. - The oil and gas sector in the A-share market experienced a "historic" surge, with major companies like China National Petroleum, China National Offshore Oil, and Sinopec hitting their upper limits in stock price [12][17]. Natural Gas Market Summary - Natural gas prices have also seen significant increases, with the ICE UK NBP natural gas futures rising by 40.92% [6]. - The closure of the Strait of Hormuz could severely impact global LNG supplies, as approximately 20% of LNG is transported through this route, with Qatar being a major supplier [5][21]. - The article notes that the current situation may lead to a "gas shortage" scenario, as natural gas storage is more challenging compared to oil, and the market is highly sensitive to supply disruptions [20]. Shipping and Logistics Impact - The shipping industry is facing increased costs, with the Baltic Exchange reporting a 58% rise in average TCE rates to $280,000 per day due to heightened risks in the Strait of Hormuz [9]. - A-share shipping stocks surged, with significant gains in companies like China Merchants Energy and Ningbo Ocean Shipping [10]. Market Sentiment and Future Outlook - Analysts suggest that the ongoing geopolitical tensions will continue to influence market sentiment, particularly in the oil and gas sectors, with potential for further price increases if the situation escalates [11][24]. - The article emphasizes that the current oil and gas market dynamics are not merely about price increases but involve a comprehensive transmission chain from upstream resources to shipping and chemical sectors [23].

Group 1 - Iran's Islamic Revolutionary Guard Corps has announced the closure of the Strait of Hormuz, threatening to strike any vessels attempting to pass through, emphasizing that no oil will be allowed to flow from the region [2][4] - Currently, there are 26 oil tankers lingering near the Strait of Hormuz, and 27 tankers have completely halted operations, with a total carrying capacity of 12 million barrels of crude oil [4] - The Strait of Hormuz is a critical passage for oil exports from Middle Eastern countries, with approximately 20% of global oil transportation occurring through this route [4] Group 2 - On March 3, China's three major oil companies, Sinopec, PetroChina, and CNOOC, achieved a historic milestone by simultaneously hitting two consecutive trading limits, driven by rising international oil prices due to escalating tensions in the Middle East [6] - Brent crude oil futures surged by 13% to over $82 per barrel, marking a 14-month high, while WTI crude oil saw an increase of over 12% [6] - The stock prices of China's three major oil companies reached significant highs, with PetroChina hitting an 11-year peak, CNOOC setting a record since its 2022 listing, and Sinopec recovering to levels not seen since October 2024 [6] Group 3 - Domestic fuel prices in China are set to be adjusted on March 9, with an expected increase of 130 yuan per ton, translating to a rise of 0.10 to 0.12 yuan per liter for gasoline and diesel [10] - The current rate of change in crude oil prices has reached 3.16%, influenced by the recent surge in international oil prices [10] - Analysts suggest that ongoing increases in oil prices may lead to heightened market risk aversion and significant volatility across asset classes [11]

Core Viewpoint - The oil, gas, and shipping sectors have experienced significant gains despite a broader market downturn, driven by geopolitical tensions and supply chain concerns [12][13]. Group 1: Market Performance - On March 3, major Asia-Pacific stock indices fell sharply, with the Nikkei 225 down over 3% and the Korean Composite Index down 7.24%, marking its largest single-day drop since August 5, 2024 [1]. - The A-share market also declined, with the Shanghai Composite Index dropping 1.43% to 4122.68 points, and the ChiNext Index falling 2.57% [2]. - Despite the overall market weakness, the oil, gas, and shipping sectors saw substantial gains, with major companies like China National Petroleum, China National Offshore Oil, and Sinopec hitting consecutive daily limits [2][5]. Group 2: Sector Highlights - In the oil sector, companies such as Keli Co. and Tongyuan Petroleum reached their daily limits, with Keli Co. up 30% and Tongyuan Petroleum up 20% [6][7]. - The gas sector also showed strength, with Kaiti Gas hitting a 30% limit and several other companies like Shenzhen Gas and Meino Energy seeing gains of over 20% [8][9]. - The shipping sector saw continuous gains, with companies like China Merchants Energy and China Merchants Shipping achieving daily limits [10]. Group 3: Geopolitical Impact - Reports indicate that the Strait of Hormuz has been closed by Iranian forces, raising concerns about global oil supply disruptions, as approximately 20% of the world's oil transport passes through this strait [12]. - The escalation of tensions in the Middle East is expected to significantly increase global shipping prices, benefiting various shipping segments [13]. Group 4: Banking and Insurance Performance - The banking sector showed resilience, with Agricultural Bank of China rising nearly 4% and other major banks like Industrial and Commercial Bank of China and China Construction Bank increasing over 2% [15][16]. - The insurance sector also saw gains, with companies like New China Life and China Life Insurance rising over 1% [17]. Group 5: Semiconductor Sector Decline - The semiconductor sector faced a sharp decline, with companies like Zhenlei Technology and Canxin Technology dropping over 10% [19][20]. - Despite the current downturn, institutions remain optimistic about long-term investment opportunities in semiconductor-related sectors due to ongoing demand for AI infrastructure [21][22].

Group 1 - The core viewpoint of the article is that the recent surge in the oil sector, particularly the "three oil giants" (China National Petroleum, Sinopec, and CNOOC), is primarily driven by geopolitical tensions in the Middle East, specifically the conflict between the U.S. and Iran, which has led to fears of a disruption in global oil supply [3][4][5] - The conflict has escalated to a point where Iran has threatened to close the Strait of Hormuz, a critical passage for approximately 20% of global oil trade, which could lead to significant supply chain disruptions and increased oil prices [4][6] - Short-term market sentiment is currently high due to geopolitical risks, with Brent crude oil prices recently spiking over 13% to exceed $82 per barrel, marking a 14-month high [5][6] Group 2 - The potential investment opportunities in the oil sector include upstream resource companies like the "three oil giants," which stand to benefit directly from rising oil prices, as well as oil service and equipment firms that may see increased capital expenditures due to high oil prices [6][7] - The shipping sector may also benefit from increased freight rates due to longer shipping routes resulting from the closure of the Strait of Hormuz, positively impacting companies like COSCO Shipping and China Merchants Energy [7] - However, the article warns that while the current surge in oil prices may present short-term trading opportunities, the long-term outlook for oil prices is bearish due to an oversupply situation and the rapid development of renewable energy sources, which could lead to a supply surplus of 3.73 million barrels per day by 2026 [7][8]

Core Viewpoint - The oil and gas sector has experienced significant price increases and stock surges due to geopolitical tensions, particularly following the announcement of LNG production halts by Qatar Energy due to drone attacks from Iran [1][3][4]. Group 1: Stock Market Reactions - On March 3, Hong Kong gas stocks surged, with Dazhong Public Utilities rising over 80% at one point, while Zhongyu Energy and Tianlun Gas also saw substantial gains [1][3]. - In the A-share market, oil and gas concept stocks collectively surged, with over 50 stocks, including major players like China Petroleum and Sinopec, hitting the daily limit or rising over 10% [3]. - The "Big Three" oil companies (China Petroleum, China National Offshore Oil Corporation, and Sinopec) achieved consecutive daily limits, a rare occurrence [3]. Group 2: Commodity Market Trends - Domestic commodity futures closed mostly higher, with shipping and energy products leading the gains, including significant increases in crude oil and low-sulfur fuel oil [1]. - European natural gas futures saw a dramatic rise, with prices increasing by over 50% following the news of Qatar's LNG production suspension [3]. Group 3: Geopolitical Impact on Prices - The halt in LNG production by Qatar Energy, which accounts for about 20% of global LNG exports, is a key factor driving up European gas prices [3][4]. - Analysts predict that if Iran adopts a hardline stance and attacks neighboring energy facilities, Brent crude oil prices could exceed $100 per barrel, and European gas prices could surpass €60 per MWh [7]. - Historical context indicates that the last time oil prices exceeded $100 per barrel was during the onset of the Russia-Ukraine conflict in February 2022, highlighting the potential for similar price surges due to current Middle Eastern tensions [6]. Group 4: Future Price Predictions - Goldman Sachs has revised its TTF gas price forecast for April 26 from €36 to €55 per MWh, reflecting the anticipated impact of supply disruptions [4]. - Analysts from various financial institutions suggest that if the conflict continues, oil prices could reach unprecedented levels, with estimates ranging from $100 to $200 per barrel depending on the duration and intensity of the conflict [7][6].

Core Viewpoint - The non-ferrous metal sector has experienced a significant adjustment, with the Wind non-ferrous metal index dropping by 5.53% and a trading volume close to 350 billion yuan, indicating a need for capital rotation after a prolonged period of price increases [1][3]. Group 1: Market Performance - The non-ferrous metal sector saw a collective decline, with major stocks like Zijin Mining, Luoyang Molybdenum, and others experiencing significant pullbacks [3]. - Over 10 stocks, including Reborn Technology and Shenghe Resources, hit the daily limit down [1][3]. - The non-ferrous metal index has risen over 30% this year, leading to profit-taking among investors [3]. Group 2: External Influences - The rise in coal and oil prices has diverted some capital away from the non-ferrous sector, as the oil and petrochemical sectors have become the strongest in the A-share market due to the impact of the US-Iran conflict [3]. - The "three barrels of oil" (China National Petroleum, China National Offshore Oil, and Sinopec) have seen consecutive limit-up days, contributing to a year-to-date increase of over 40% in the oil and petrochemical sector [3]. Group 3: Future Outlook - Despite the recent adjustments, many institutions remain optimistic about the future of the non-ferrous metal sector, viewing it as a key area for investment [5][6]. - East China Securities suggests that geopolitical events may further strengthen the inflation trading logic for strategic resources and energy, benefiting the non-ferrous sector [5]. - Guojin Securities emphasizes the importance of physical assets in the current global landscape, recommending metals like copper, aluminum, and tin, which are less likely to be replaced by AI and are expected to benefit from increased global attention on resource products [6].

gtaxinstitute@essence.com.cn 综合晨报 2026年03月03日 (原油) 3月2日深夜，伊朗伊斯兰革命卫队司令顾问表示霍尔木兹海峡已被关闭，伊方将打击所有试图从霍 尔木兹海峡通过的船只。继2025年6月伊以12日战争后上周末中东再燃战火,地区局势由此前对特 迅速升级为全面军事对抗。在伊朗采取的众多反击措施中，关于伊朗宣布禁止任何船只通过霍尔木 兹海峡这一消息传出后引起市场关于中东产油国原油供应中断的恐慌情绪。在美以与伊朗军事对抗 持续、霍尔木兹海峡恢复通航之前，地缘风险将对原油价格形成持续支撑。 (责金属) 隔夜贵金属冲高回落，盘中波动较大。美伊战局激烈，特朗普表示如果有必要不排除向伊朗派遣美 国地面部队的可能性，伊朗方面称已为长期战争做好准备。短期避险情绪将持续摇摆，后续走势仍 需看战争是否向更大烈度扩张。数据方面美国公布2月1SM制造业PM152.4强于预期，市场等待本周 非农等重要数据发布。 【铜】 隔夜伦铜走低,尽管美欧2月制造业PMI在荣枯线上方,但伊朗军事冲突抬高能源价格增大经济增长 风险,且美元相对主要能源进口地区货币短线强势,拖累铜价。目前均线密集区继续尝试提供韧 ...