Oil and Gas Stocks Fall Sharply; Zhongman, Shandong Molong Hit Limit Down, Tongyuan, Keli Down Over 15%
Chinese oil and gas stocks underwent a collective adjustment, with Zhongman Petroleum and Shandong Molong hitting their daily limit-down levels. Tongyuan Petroleum and Keli Co. dropped more than 15%, while Qianneng Hengxin, Taishan Petroleum, and Lanyan Holdings opened lower. The declines reflect broad selling pressure in the sector.
Oil and gas stocks collectively adjusted. Zhongman Petroleum and Shandong Molong hit their daily limit-down levels. Tongyuan Petroleum and Keli Co. fell more than 15%. Qianneng Hengxin, Taishan Petroleum, and Lanyan Holdings opened lower.