North Water Trends | Beishui sold a net purchase of 2,516 billion, Kang Fang Biotech (09926) clarifies rumors related to AK112 that domestic capital raised more than HK$300 million

The Zhitong Finance App learned that on May 24, the Hong Kong Stock Exchange had a net purchase of HK$2,516 million, of which Hong Kong Stock Connect (Shanghai) had a net purchase of HK$1,612 million and the Hong Kong Stock Connect (Shenzhen) transaction made a net purchase of HK$905 million. The individual stocks that Beishui Net bought the most were Bank of China (03988), Kang Fang Biotech (09926), and Xiaomi Group-W (01810). The individual stocks sold the most by Beishui Net were Tencent (00700), CNPC (00883), and Vanke (02202). Hong Kong Stock Connect (Shanghai) active trading stocks Hong Kong Stock Connect (Shenzhen) active trading stocks are now slightly divided.

Zhitong FinanceMay 24 05:46 ET

Changes in Hong Kong stocks | Petroleum stocks bucked the trend and the market focuses on OPEC+ conference bodies are optimistic that oil prices will stop falling and recovering

Petroleum stocks bucked the trend. As of press release, CNOOC (00883) rose 2.4% to HK$19.64; CNOOC (02883) rose 1.55% to HK$8.5; and CNPC (00857) rose 0.26% to HK$7.69.

Zhitong FinanceMay 23 23:43 ET

The Fed's interest rate cut is expected to fall again, and international oil prices will rise first and then fall

This week (5.16-5.22), crude oil as a whole showed a trend of rising and then falling. WTI averaged 79.18 US dollars/barrel this week, up 0.53 US dollars/barrel, or 0.67% from the previous week.

CME GroupMay 23 22:38 ET

The commodity boom came to an abrupt end! Basic metals fell across the board, copper and nickel fell sharply, and crude oil fell three times in a row

The minutes of the Federal Reserve meeting show that the Federal Reserve may postpone interest rate cuts due to continued inflation, thus suppressing market expectations of interest rate cuts, and crude oil prices fell in response. Lun Copper closed down 4.05%, while Lunn Nickel fell 4.4%. Some analysts pointed out that the main reason for the decline in copper prices may be related to investors starting to make a profit settlement after copper prices hit a record high, recent weakness in copper demand, and a possible increase in copper production in Peru in 2024.

wallstreetcnMay 22 19:15 ET

Changes in Hong Kong stocks | CNOOC Services (02883) fell more than 5%, leading the decline in petroleum stocks, the IEA previously lowered its 2024 oil demand growth forecast

Petroleum stocks declined today. As of press release, CNOOC (02883) fell 5.54% to HK$8.69; CNOOC (00883) fell 1.42% to HK$19.38; Sinopec (00386) fell 1.35% to HK$5.11; and CNPC (00857) fell 0.52% to HK$7.68.

Zhitong FinanceMay 20 23:55 ET

Oil Prices Rise After Iran's President Dies, Saudi King Falls Ill

By Callum Keown Oil prices climbed Monday after Iran's President Ebrahim Raisi died in a helicopter crash Sunday, according to state-run Press TV. But the oil move was fairly muted in early trading. I

Barron'sMay 20 05:16 ET