News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
 Content Sharing
<Research>BOCI Expects 3 CN Oils' 1Q25 Earnings to Fall, Oil Prices to Have Bottomed Out
BOCI has released a research report expecting all three leaders in China's oil sector to report a YoY reduction in their earnings for 1Q25, with SINOPEC CORP (00386.HK) sufferi...
Reset
Send
The window will close in 5 seconds
<Research>BOCI Expects 3 CN Oils' 1Q25 Earnings to Fall, Oil Prices to Have Bottomed Out
Close
Recommend
38
Positive
45
Negative
42
 
SHORT SELL
 
STOCK INFO

BOCI has released a research report expecting all three leaders in China's oil sector to report a YoY reduction in their earnings for 1Q25, with SINOPEC CORP (00386.HK)  +0.020 (+0.471%)    Short selling $101.16M; Ratio 15.918%   suffering from the largest decline, after considering that the average price of Brent crude slipped by 8% YoY during the same period.

As the recent drop in oil prices was caused by a nosedive in net long of managed funds in oil futures, BOCI believes that oil prices have already bottomed out. In addition, given that the H-shares of the three major Chinese oils currently offer an expected dividend yield of 7.5-8.3% for 2025 at current price levels, the broker considers them sufficiently attractive.

Related NewsM Stanley's Latest Focus List for H Shrs, CN ADRs, A Shrs (Table)
BOCI kept an Outperform rating on the oil sector, and it preferred CNOOC (00883.HK)  +0.120 (+0.671%)    Short selling $38.50M; Ratio 2.872%   and PETROCHINA (00857.HK)  +0.060 (+0.919%)    Short selling $94.57M; Ratio 9.599%   more.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-27 16:25.)

AAStocks Financial News
Copyright(C) AASTOCKS.com Limited 2000. All rights reserved.
Disclaimer: AASTOCKS.com Ltd, HKEx Information Services Limited, its holding companies and/or any subsidiaries of such holding companies endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.