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Lyon: Reaffirms PETROCHINA (00857) "outperform market" rating, first quarter performance exceeds expectations.
The bank stated that the weakness in PetroChina's downstream Business is offset by stronger Henry Hub Natural Gas operations.
SINOPEC CORP (00386.HK): Yu Baochai resigns from the position of Executive Director and Senior Vice President.
On April 30th, Gelonghui reported that SINOPEC CORP (00386.HK) announced that the Board of Directors received Yu Baocai's resignation letter on April 30, 2025. Yu Baocai resigned from the positions of executive director and senior vice president of China Petroleum & Chemical Corporation due to age-related reasons.
PetroChina's Q1 Profit Rises 2%, Revenue Slips 7%
Trending Stocks Today: XIAOMI-W up 4.74%
J.P. Morgan: Maintains PETROCHINA (00857) "Shareholding" rating with a Target Price of HKD 7.5.
J.P. Morgan believes that the company's upstream sector performs the best, estimating that more than 50% of the profits from this sector come from Henry Hub Natural Gas.
Hong Kong Stock Morning Report|Two major insurance companies subscribed to the 2nd phase Fund of 20 billion yuan. The Hong Kong Stock Exchange has already contacted some companies regarding the "return of Chinese concept stocks."
① Two major insurance companies subscribed to 20 billion yuan for the Honghu Phase II Fund. ② The Hong Kong Stock Exchange has contacted some companies regarding the "return of Chinese concept stocks." ③ Li Yunzhe met with the President of the Hong Kong Monetary Authority, Eddie Yue Wai-man. ④ Tencent announced a restructuring of its mixed Yuan model research and increased investment in AI.
Maaddoo : only Chevron is excepted as they drill in Venezuela ..
机灵的艾德 : Robber logic.