The Shanghai Stock Exchange has made a significant announcement! It concerns market cap management and the capital operations of central enterprises.
Officials from the Shanghai Stock Exchange and the three major oil and petrochemical groups jointly discussed issues such as improving the quality of listed companies, market cap management, and capital operation of central enterprise groups.
Express News | Jpmorgan predicts that the global crude oil supply will have an excess of approximately 1.3 million barrels per day in 2025.
Tencent saw a net outflow of 0.432 billion Hong Kong dollars through the Hong Kong Stock Connect.
The northbound southward net inflow into CNOOC (00883.HK), Xiaomi Group (01810.HK), and SMIC (00981.HK) reached 0.231 billion HKD, 0.193 billion HKD, and 24.23 million HKD respectively. The northbound southward net outflow from Tencent (00700.HK) and alibaba (09988.HK) reached 0.432 billion HKD and 0.331 billion HKD respectively. The highest net inflow into active stocks in the Hong Kong Stock Connect (Shanghai) was hua hong semi (01347.HK) at 0.199 billion HKD, while the highest net outflow was from Tencent (00700.HK) at 0.537 billion HKD.
Illustration: Funds heading south increase positions in Shun Yu, CNOOC, and hua hong semi.
Today, the southbound funds net purchased 2.566 billion Hong Kong dollars of Hong Kong stocks. Among them: net purchases of Sunac 0.315 billion, CNOOC 0.23 billion, Hua Hong Semi 0.199 billion, Ping An Insurance 0.194 billion, Xiaomi 0.193 billion, BYD Electronics 0.176 billion; net sales of Tencent 0.432 billion, Alibaba 0.331 billion, Meituan 0.31 billion, China Mobile 0.249 billion, Kuaishou 0.167 billion. (Gelonghui)
Midday crude oil analysis: Escalating Russia-Ukraine conflict continues to drive international oil prices higher...
During the early trading session in Asia, as the conflict between Russia and Ukraine intensifies, the price of Brent crude oil futures has slightly increased.
Crude Oil Edges Up, in Second Consecutive Attempt to Overcome $70