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Changes in Hong Kong stocks | Shandong Molong (00568) opened more than 7% higher, and traffic volume in the Strait of Hormuz fell to zero. Brent crude oil rose above $90
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The Zhitong Finance App learned that Shandong Molong (00568) opened more than 7% higher. As of press release, it had risen 7.76% to HK$6.25, with a turnover of HK$125.75 million.

According to the news, due to the ongoing military conflict between the US and Iran in the Middle East region, oil and WTI crude oil rose by more than 3% this morning. Among them, the price of crude oil hit 91 US dollars per barrel, for the first time since June 11. According to CCTV news reports, Iranian sources said on the 19th that the traffic volume of the Strait of Hormuz has dropped to zero, and the strait will remain closed as long as the US continues its provocative acts. On the evening of July 19, local time, US President Trump told the media after arriving at the Andrews Joint Base on “Sky 1” that the US military was “violently bombing” Iran to avenge the deaths of three US military personnel in countries in the Middle East region.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
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