Movement Alert｜SHANDONG MOLONG Rises 11.75% in Regular Trading, Oil Prices Rally With Brent Topping $89 Fueling Sector Gains

Market Focus09-02

On September 2, SHANDONG MOLONG surged 11.75% in regular trading, reaching HK$5.13 per share, with turnover of approximately HK$62.22 million. The sharp rally came amid a broad uptick in oil and gas equities, driven by continued strength in international crude prices with Brent crude climbing above $89 per barrel.

The move follows the company's recent half-year report released on August 28, which showed revenue of RMB 1.253 billion for the first half, a 57.10% year-over-year increase. Overseas revenue surged over 76.91%, reflecting the company's accelerating international expansion. However, net profit attributable to shareholders declined 65.38% to RMB 42.11 million, as cost pressures offset top-line gains. Pipe products remained the dominant revenue contributor at 95.48% of total sales.

Within the Oil & Gas Equipment & Services sector, PETRO-KING rose 5.88%, SINOPEC SSC gained 3.03%, and ANTON OILFIELD added 0.67%, indicating broad sector support from the oil price rally.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1131512381?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-09-02 09:32","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1131512381","market":"us","top_or_hot":-1,"title":"Movement Alert｜SHANDONG MOLONG Rises 11.75% in Regular Trading, Oil Prices Rally With Brent Topping $89 Fueling Sector Gains","media":"Market Focus","content":"<p><p>On September 2, SHANDONG MOLONG surged 11.75% in regular trading, reaching HK$5.13 per share, with turnover of approximately HK$62.22 million. The sharp rally came amid a broad uptick in oil and gas equities, driven by continued strength in international crude prices with Brent crude climbing above $89 per barrel.</p><p>The move follows the company's recent half-year report released on August 28, which showed revenue of RMB 1.253 billion for the first half, a 57.10% year-over-year increase. Overseas revenue surged over 76.91%, reflecting the company's accelerating international expansion. However, net profit attributable to shareholders declined 65.38% to RMB 42.11 million, as cost pressures offset top-line gains. Pipe products remained the dominant revenue contributor at 95.48% of total sales.</p><p>Within the Oil &amp; Gas Equipment &amp; Services sector, PETRO-KING rose 5.88%, SINOPEC SSC gained 3.03%, and ANTON OILFIELD added 0.67%, indicating broad sector support from the oil price rally.</p><p>(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)</p></p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Movement Alert｜SHANDONG MOLONG Rises 11.75% in Regular Trading, Oil Prices Rally With Brent Topping $89 Fueling Sector Gains</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMovement Alert｜SHANDONG MOLONG Rises 11.75% in Regular Trading, Oil Prices Rally With Brent Topping $89 Fueling Sector Gains\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1054767329\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/51943b2858f75e05ca2ebb144b4e626a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Market Focus </p>\n<p class=\"h-time\">2026-09-02 09:32</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><p>On September 2, SHANDONG MOLONG surged 11.75% in regular trading, reaching HK$5.13 per share, with turnover of approximately HK$62.22 million. The sharp rally came amid a broad uptick in oil and gas equities, driven by continued strength in international crude prices with Brent crude climbing above $89 per barrel.</p><p>The move follows the company's recent half-year report released on August 28, which showed revenue of RMB 1.253 billion for the first half, a 57.10% year-over-year increase. Overseas revenue surged over 76.91%, reflecting the company's accelerating international expansion. However, net profit attributable to shareholders declined 65.38% to RMB 42.11 million, as cost pressures offset top-line gains. Pipe products remained the dominant revenue contributor at 95.48% of total sales.</p><p>Within the Oil &amp; Gas Equipment &amp; Services sector, PETRO-KING rose 5.88%, SINOPEC SSC gained 3.03%, and ANTON OILFIELD added 0.67%, indicating broad sector support from the oil price rally.</p><p>(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)</p></p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"00568","symbol_name":"山东墨龙","start_time":0,"source_url":"","article_id":"1131512381","we_media_id":"1054767329","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1131512381","pubTimestamp":1788312736,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Market Focus","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1054767329","head_image":"https://static.tigerbbs.com/51943b2858f75e05ca2ebb144b4e626a"},"summary":"On September 2, SHANDONG MOLONG surged 11.75% in regular trading, reaching HK$5.13 per share, with turnover of approximately HK$62.22 million. The sharp rally came amid a broad uptick in oil and gas...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"00568":"山东墨龙"},"translate_title":"走势提醒|山东墨龙常规交易上涨11.75%，布伦特原油突破89美元，推动板块上涨","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"00568":1},"content_text":"On September 2, SHANDONG MOLONG surged 11.75% in regular trading, reaching HK$5.13 per share, with turnover of approximately HK$62.22 million. The sharp rally came amid a broad uptick in oil and gas equities, driven by continued strength in international crude prices with Brent crude climbing above $89 per barrel.The move follows the company's recent half-year report released on August 28, which showed revenue of RMB 1.253 billion for the first half, a 57.10% year-over-year increase. Overseas revenue surged over 76.91%, reflecting the company's accelerating international expansion. However, net profit attributable to shareholders declined 65.38% to RMB 42.11 million, as cost pressures offset top-line gains. Pipe products remained the dominant revenue contributor at 95.48% of total sales.Within the Oil & Gas Equipment & Services sector, PETRO-KING rose 5.88%, SINOPEC SSC gained 3.03%, and ANTON OILFIELD added 0.67%, indicating broad sector support from the oil price rally.(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"1","news_tag":"economic","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.50.1","shortVersion":"4.50.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1131512381","isCrawlerRequest":true}