Ping An FTSE China SOE Sustainable Prosperity ETF(159719.SZ)

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Ping An FTSE China SOE Sustainable Prosperity ETF
159719.SZ
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Vitol, Trafigura offer Venezuelan oil to Indian, Chinese refiners for March delivery, sources say

Vitol and Trafigura are negotiating Venezuelan crude oil sales to Indian and Chinese refiners for March delivery. They have agreements with the U.S. government to market stranded Venezuelan oil, allowing exports to resume after a halt due to political changes in Venezuela. Indian refiners like IOC and HPCL are considering purchases, while Trafigura is also in talks with PetroChina. The traders are offering cargoes at a discount to Brent prices and are securing shipping logistics for the sales, with the first cargo expected to load soon.

Reuters·
SH
601857
-1.71%
HK
00857
-0.84%
Reuters·
SH
601857
-1.71%
HK
00857
-0.84%

Sinopec Corp. and China Aviation officially announced a restructuring

The restructuring between Sinopec Corp. and China Aviation is a deep integration of the industrial chain. The core lies in building an integrated system of "refining - airport," reducing costs and ensuring energy security by minimizing intermediate links, directly competing with international giants like Shell, and enhancing the competitiveness of traditional aviation fuel. At the same time, both parties will work together to tackle the decarbonization challenge in the aviation industry, integrating Sinopec's sustainable aviation fuel (SAF) research and production with China Aviation's terminal refueling network, creating a closed loop for the entire SAF industry and seizing the strategic high ground in green aviation

Wallstreetcn·
SH
600028
-1.85%
HK
00386
-0.83%
SG
G92
-0.55%
Wallstreetcn·
SH
600028
-1.85%
HK
00386
-0.83%
SG
G92
-0.55%

The first central enterprise AI unicorn emerges! Backed by self-developed large models, supported by four national team capital endorsements

China Telecom Artificial Intelligence Technology (Beijing) Co., Ltd. has become the first central enterprise AI unicorn, completing its first round of capital increase and introducing four national-level strategic investors, marking its recognition in technology and market in the AI field. The company insists on self-developed large models, responding to the national development direction, and is committed to building foundational capabilities. This financing not only strengthens its market position but also indicates the intensification of global AI competition

Wallstreetcn·
SH
601728
-2.13%
HK
00728
-1.70%
Wallstreetcn·
SH
601728
-2.13%
HK
00728
-1.70%

China Railway Group Updates Market on Progress of A-Share Buyback Plan

China Railway Group Limited has updated its A-share buyback plan, approved at its 2024 AGM, set to run from June 20, 2025, to June 19, 2026. The company aims to repurchase RMB ordinary shares worth RMB800 million to RMB1.6 billion at a maximum price of RMB8.50 per share. So far, it has bought back 28,812,000 shares, about 0.1167% of its total capital, for approximately RMB160 million. The latest analyst rating for the stock is a Buy with a price target of HK$4.50.

Tip Ranks·
HK
00390
+0.76%
SH
601390
-1.83%
Tip Ranks·
HK
00390
+0.76%
SH
601390
-1.83%

China Railway Group Limited Repurchases Units Worth RMB160 Million

China Railway Group Limited has repurchased 28,812,000 shares on the Shanghai Stock Exchange, totaling approximately RMB160 million. The repurchase prices ranged from RMB5.42 to RMB5.75 per share, as part of its share buyback plan aimed at reducing the company's registered capital. This information was published via the Issuer Information Service by the Hong Kong Stock Exchange.

Reuters·
SH
601390
-1.83%
HK
00390
+0.76%
Reuters·
SH
601390
-1.83%
HK
00390
+0.76%
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