Due to multiple adverse factors, Russian oil exports have hit a new seven-month low!
Russia has promised to further comply with its production cuts for OPEC+, but factors such as Western energy sanctions have hit Russia's oil exports.
Sinopec joint ventures signed a contract with Saudi Aramco to jointly participate in the development of a giant gas field with an investment of $2.24 billion.
①Saudi Aramco has signed a letter of intent with Sinopec and Spanish company Tecnicas Reunidas to participate in the development of a natural gas compression plant; ②If the project is approved, the total contract value is estimated to be $2.24 billion.
Mid-day Review: All three major indexes dropped by about 2%; Technology, internet companies, real estate, and golden industrial concepts fell, while Pop Mart rose nearly 11% against the trend.
As of press time, the Hang Seng Index fell by 1.84%, the National Index fell by 1.94%, and the Science and Technology Index fell by 1.53%. Network technology stocks fell collectively, with jd.com and Netease falling by more than 3%, Alibaba falling by nearly 3%, Kuaishou and Baidu falling by nearly 2%, and Xiaomi, bilibili, and Meituan falling by more than 1%.
Citi warns: there is a risk of oil prices surging to $100!
Jpmorgan expects that oil prices may soar to $100 in the next year due to the lack of incentive for producers to increase production.
Major Hang Seng Index constituent stocks will face changes! Institutions: Alibaba may become the focus.
Which stocks are expected to be included this time? Citic Securities pointed out that we need to pay attention to the timing of the adjustment of the Hong Kong Stock Connect.
Technical report from Liu: Pay attention to this key resistance level for gold, while US oil is challenging its first resistance level.
Silver should pay attention to whether it can return to this level. The US dollar is still bearish, and Europe and the United States are testing the main resistance.