Core Viewpoint - The company, 百勤油服 (02178), anticipates a significant increase in losses for the first half of 2025, projecting a loss attributable to shareholders of no more than 15 million HKD, compared to an estimated loss of approximately 400,000 HKD in the first half of 2024, marking an increase of no more than 14.6 million HKD [1] Group 1 - The increase in projected losses is primarily attributed to a substantial decrease in revenue from enhanced oil recovery services provided to shale gas fields in Southwest China [1] - A major client has delayed several enhanced oil recovery projects to the second half of 2025 based on its internal extraction plans, contributing to the revenue decline [1] - Additionally, the expiration of a supervisory service contract in the Middle East in the first half of 2024 has resulted in reduced earnings, as there was no income generated from service contracts during the reporting period [1]

Core Viewpoint - RCON's stock opened up by 3.3% on August 7, 2023, with a trading price of $2.903 per share and a total market capitalization of $88.8992 million [1] Financial Performance - As of December 31, 2024, RCON reported total revenue of 42.0693 million RMB, representing a year-on-year decrease of 7.04% [1] - The company recorded a net loss attributable to shareholders of 20.5883 million RMB, which is an increase of 8.72% compared to the previous year [1] Company Overview - RCON is a leading oilfield services company in China, primarily engaged in the research, development, and sales of oilfield automation products, enhanced oil recovery measures, and specialized equipment [1] - The company provides products and services to major Chinese oil and gas companies, aiming to improve their oil and gas production and transportation efficiency [1] Technological Advancements - RCON's automation systems enable remote monitoring and collection of real-time production data from oilfields, significantly assisting clients in enhancing extraction levels, reducing impurities, and lowering production costs [1]

Group 1 - The company, CNOOC Oilfield Services (02883.HK), announced that it will hold a board meeting on August 26, 2025, to review and potentially approve its interim results for the six months ending June 30, 2025 [1]

Group 1 - The stock price of Antong Oilfield Services (03337) increased by 11.51% on August 7, reaching HKD 1.55 per share with a trading volume of HKD 8.4898 million [1] - Antong Oilfield Services Group is a leading integrated oilfield technology service company, providing comprehensive oil and gas development products and technical services globally [1] - The company operates in over 30 countries and regions, including China, the Middle East, Africa, Central Asia, Southeast Asia, and Latin America, focusing on maximizing the value of oil and gas assets for clients while promoting social progress [1] Group 2 - As of the 2024 annual report, Antong Oilfield Services reported a total operating revenue of RMB 4.754 billion and a net profit of RMB 243 million [2]

Core Viewpoint - RCON's stock increased by 3.33% on August 6, reaching $3.1 per share, with a total market capitalization of $94.95 million [1] Financial Performance - As of December 31, 2024, RCON reported total revenue of 42.07 million RMB, a year-on-year decrease of 7.04% [1] - The company's net profit attributable to shareholders was -20.59 million RMB, showing a year-on-year increase of 8.72% [1] Company Overview - RCON is a leading oilfield services company in China, primarily engaged in the research, development, and sales of oilfield automation products, enhanced oil recovery measures, and specialized equipment [1] - The company provides products and services to major oil and gas companies in China, aiming to improve oil and gas production and transportation efficiency [1] Technological Advancements - RCON's automation systems enable remote monitoring and collection of real-time production data from oilfields, significantly assisting clients in enhancing extraction levels, reducing impurities, and lowering production costs [1]

Core Viewpoint - The China Securities Index for Hong Kong Stock Connect Energy Composite Index has shown significant growth, with a 7.12% increase over the past month, 17.31% over the past three months, and a 5.25% increase year-to-date [1]. Group 1: Index Performance - The China Securities Index for Hong Kong Stock Connect Energy Composite Index reported a value of 3323.71 points [1]. - The index is based on a sample of all securities classified under the China Securities Industry Classification Standard, reflecting the overall performance of different industry securities within the Hong Kong Stock Connect [1]. Group 2: Index Composition - The top ten weighted stocks in the index include: China Petroleum (14.55%), China Shenhua (14.48%), CNOOC (14.32%), Sinopec (14.25%), China Coal Energy (13.01%), Yancoal Australia (5.42%), China Oilfield Services (3.99%), Shougang Resources (1.89%), and Mongol Mining (1.61%) [1]. - The index is composed entirely of stocks listed on the Hong Kong Stock Exchange [2]. Group 3: Sector Allocation - The sector allocation within the index shows that coal accounts for 43.49%, integrated oil and gas companies for 28.79%, oil refining for 17.04%, oilfield services for 3.99%, coke for 3.50%, oil and gas extraction for 1.80%, and oil and gas circulation and others for 1.39% [2]. - The index samples are adjusted biannually, with adjustments occurring on the next trading day following the second Friday of June and December [2].

Core Viewpoint - RCON experienced a stock price increase of 9.24% on August 5, reaching $3.43 per share, with a total market capitalization of $105 million [1] Financial Performance - As of December 31, 2024, RCON reported total revenue of 42.0693 million RMB, a year-over-year decrease of 7.04% [1] - The company recorded a net profit attributable to shareholders of -20.5883 million RMB, which represents a year-over-year increase of 8.72% [1] Company Overview - RCON is a leading oilfield services company in China, primarily engaged in the research, development, and sales of oilfield automation products, enhanced oil recovery measures, and specialized equipment [1] - The company provides products and services to major Chinese oil and gas companies, aiming to improve the efficiency of oil and gas production and transportation [1] Technological Advancements - RCON's automation systems enable remote monitoring and collection of real-time production data from oilfields, significantly aiding clients in enhancing extraction levels, reducing impurities, and lowering production costs [1]

Core Viewpoint - RCON's stock price increased by 11.74% on August 5, reaching $3.14 per share, with a total market capitalization of $96.17 million [1] Financial Performance - As of December 31, 2024, RCON reported total revenue of 42.07 million RMB, a year-on-year decrease of 7.04% [1] - The company recorded a net loss attributable to shareholders of 20.59 million RMB, which represents a year-on-year increase of 8.72% [1] Company Overview - RCON is a leading oilfield services company in China, primarily engaged in the research, development, and sales of oilfield automation products, enhanced oil recovery measures, and specialized equipment [1] - The company provides products and services to major Chinese oil and gas companies, aiming to improve their oil and gas production and transportation efficiency [1] Technological Advancements - RCON's automation systems enable remote monitoring and collection of real-time production data from oilfields, significantly assisting clients in enhancing extraction levels, reducing impurities, and lowering production costs [1]

Group 1 - The Shanghai Composite Index rose by 0.96% to close at 3617.6 points, while the Hang Seng Index increased by 0.68% to 24902.53 points [1] - China Oilfield Services Limited (COSL) has an AH premium of 117.32%, ranking 22nd among AH shares [1] - COSL's A-shares closed at 13.87 yuan with a gain of 0.22%, and H-shares closed at 6.97 HKD, up by 0.58% [1] Group 2 - COSL is a major integrated oilfield service provider globally, offering services across all stages of offshore oil and gas exploration, development, and production [1] - The company's services are categorized into four main types: geophysical exploration services, drilling services, oilfield technical services, and marine services [1] - COSL was publicly listed on the Hong Kong Stock Exchange on November 20, 2002, and has been trading in the U.S. OTC market since March 26, 2004, and on the Shanghai Stock Exchange since September 28, 2007 [1]

Group 1 - The core viewpoint of the news is the performance of the China Securities Hong Kong 300 Energy Index, which has shown significant growth over various time frames [1] - The China Securities Hong Kong 300 Energy Index reported a value of 2553.32 points, with a 5.35% increase over the past month, a 14.77% increase over the past three months, and a 2.79% increase year-to-date [1] - The index is designed to reflect the overall performance of different industries in the Hong Kong market, with a base date of December 31, 2004, and a base point of 1000.0 [1] Group 2 - The index is composed entirely of securities listed on the Hong Kong Stock Exchange, with a 100% allocation [1] - The industry composition of the index includes 41.82% in fuel refining, 32.34% in integrated oil and gas companies, 23.52% in coal, 1.57% in oilfield services, and 0.74% in coke [1] - The index samples are adjusted biannually, with adjustments occurring on the next trading day after the second Friday of June and December [2]