Shandong Molong Petroleum Machinery Sees Higher H1 Loss; Shares Fall in Hong Kong, Shenzhen
01:01 AM EDT, 07/15/2022 (MT Newswires) -- Shandong Molong Petroleum Machinery (HKG:0568, SHE:002490) expects its net loss for the first six months of 2022 to widen from a year ago, according to a Thu
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Shandong Molong Logs $15.5 Million of Asset Impairment in 2021; Shares Fall 3%
10:57 PM EDT, 03/30/2022 (MT Newswires) -- Shandong Molong Petroleum Machinery's (SHE:002490, HKG:0568) provision for impairment of all assets reached 98.3 million yuan ($15.5 million) in 2021, accord
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Shandong Molong Petroleum Projects Turn to Loss in 2021; Hong Kong Shares Fall 3%
10:22 PM EST, 01/30/2022 (MT Newswires) -- Shandong Molong Petroleum Machinery (SHE:002490, HKG:0568) expects to record a loss of between 0.44 yuan and 0.50 yuan ($0.069 to $0.079) per share in 2021
Shandong Molong (00568.HK) extended its afternoon rise to 13% of A shares that had risen by the daily limit.
After falling for two days in a row, the share price of Shandong Molong (00568.HK) tested the Baitian Line again this morning. At least 4.51 yuan was accepted and turned upwards. In the afternoon, with the rise of A shares, the stock price once lifted weights for 20 days and 10 antennas (5.02 yuan and 5.33 yuan). It soared 19% to 5.45 yuan and is now trading at 5.18 yuan. The transaction doubled to 11.66 million shares, involving 59.72 million yuan. 02490.SZ, which rose by the daily limit of Rmb5.97 in the afternoon, is now at Rmb5.86, up 7.9 per cent on a turnover of 248 million yuan.
Shandong Molong  is now trading at HK $5.26, an increase of 15.10%.
Phoenix New Media Hong Kong shares | as of 13:08, Shandong Molong  was at HK $5.26,0.69 or 15.10% higher than yesterday's closing price of HK $4.57. the turnover was HK $25.5334 million, with a high price of HK $5.26 today and a lowest price of HK $4.51. according to yesterday's closing price, the 10-day average price is HK $5.38, the 50-day average price is HK $4.24, the current price-earnings ratio is 95.41, and the 14-day strength index is 55.92.