Hong Kong stock Market 1st Morning rally, plus the mainland to increase the price of diesel oil and other news, the Chinese petroleum and petrochemical stocks in the whole of the Ascension, CNOOC is now rising 5.1%, Sinopec 4.34%, PetroChina Rose 3.04%. Hong Kong stock Market June 1 morning rally, the HSI is reported 18,533.14, 362.14 or 1.99%, the state-owned enterprise Index reported 10,657 78 points, 229.59 points or 2.2%, plus the mainland to increase the price of gasoline and diesel oil and other news, positive Chinese petroleum and petrochemical stocks in the whole ascension, upstream enterprise Cnooc ( 00883) now Rose 5.1%, reported to HK $10.72, PetroChina (00857) Rose 3.04%, reported to HK $9.16, and downstream Enterprise Sinopec (00386) Rose 4.34% and reported HK $6.49. The State Development and Reform Commission May 31 issued a notice, decided to start from 0 o'clock June 1, the price of gasoline and diesel will be increased by 400 yuan per ton, for the third time this year. As for whether the domestic oil prices will be raised in the near future, some media quoted Morgan, chief economist Wang Qing, said, in the current PPI and CPI negative background, the rise in oil prices is a good time, the NDRC is expected to take a gradual increase in the way. At the same time, the rise in oil prices in the international period also boosted oil stocks. As the economic data in the US, Japan and other countries show that the global economy is likely to be improving, market expectations can lead to a rebound in energy demand, coupled with a fall in the dollar, investors continue to absorb oil, oil prices rise. New York's July oil barrel at 66.31 U.S. dollars, rose 1.23 U.S. dollars, London July Brent oil 65.52 U.S. dollars per barrel, up 1.13 U.S. dollars.
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