Ge Long Hui·2025-08-04 02:36Group 1 - OPEC and OPEC+ agreed to increase oil production by 547,000 barrels per day starting in September, leading to a decline in international oil prices [1] - Concerns over weak demand for oil have arisen due to a series of disappointing economic data from the United States, including a cooling job market and the fastest contraction in factory activity in nine months [1] - The decline in oil prices has negatively impacted the Hong Kong stock market, with major oil stocks experiencing collective drops [1] Group 2 - Yanchang Petroleum International saw a decrease of 2.38%, with a latest price of 0.410 and a market capitalization of 451 million [2] - China National Petroleum Corporation (PetroChina) dropped by 1.62%, with a latest price of 7.300 and a market capitalization of 1.34 trillion [2] - China National Offshore Oil Corporation (CNOOC) fell by 1.18%, with a latest price of 18.440 and a market capitalization of 876.452 billion [2] - China Petroleum & Chemical Corporation (Sinopec) decreased by 1.15%, with a latest price of 4.280 and a market capitalization of 518.93 billion [2] - CNOOC Services saw a decline of 0.72%, with a latest price of 6.890 and a market capitalization of 32.876 billion [2] - Kunlun Energy experienced a slight decrease of 0.27%, with a latest price of 7.520 and a market capitalization of 651.147 million [2]