On August 7, SINOPEC CORP rose 3.05% in regular trading, trading at HKD 4.395/share, with turnover of HKD 217 million.

On the news front, Iran's parliamentary committee is reviewing a preliminary bill proposing to ban vessels from the United States, Israel, and other countries from transiting the Strait of Hormuz, with penalties of up to 20% of cargo value for violations. The proposal has triggered market concerns over potential disruption to critical Middle East oil shipping routes. Brent crude surged 5.18% in a single session to USD 83.51 per barrel, while WTI crude rose 4.2% to USD 78.23 per barrel, directly boosting profit expectations for upstream exploration and refining companies.

Separately, the company has been actively repurchasing shares since mid-June, with cumulative A-share buybacks exceeding RMB 439 million and H-share buybacks totaling approximately HKD 330 million as of early August, signaling management confidence in the company's valuation.

(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.)