Brent oil futures topped US$90 a barrel, but $SINOPEC CORP (...
Brent oil futures topped US$90 a barrel, but $SINOPEC CORP(00386.HK$ slumped 2.4%. $CHINA OILFIELD(02883.HK$ crashed 16.1% after a client in the Middle East abruptly called off operations on four drilling rigs. Other energy stocks also slipped, with $KUNLUN ENERGY(00135.HK$ , $YANKUANG ENERGY(01171.HK$ and $CHINA COAL(01898.HK$ falling 3.3% to 4.3%.
For resource stocks, $CHALCO(02600.HK$ declined 3.6%, while $GANFENGLITHIUM(01772.HK$ and $TIANQI LITHIUM(09696.HK$ crumpled over 7% amid continued market concerns about Lithium price weakness. $LINGBAO GOLD(03330.HK$ and $MMG(01208.HK$ mounted 5% and 6%, while $CHI SILVER GP(00815.HK$ skyrocketed 56%.
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