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]
中石化炼化工程完成H股全流通，股价短期波动但中期反弹势头显现