The Zhitong Finance App learned that Shandong Molong (00568) opened more than 8% higher today. As of press release, it had risen 8.42% to HK$5.28, with a turnover of HK$15.499 million.

According to the news, international oil prices soared sharply overnight. The settlement price of WTI crude oil futures rose 6.69% to 102.48 US dollars/barrel, and Brent crude oil rose 6.34% to 107.63 US dollars/barrel. Both reached the $100 mark, and the biggest one-day increase in nearly two months. According to reports, the Houthis took control of the Yemeni port of Muha on Thursday, or further threatened Red Sea shipping. Meanwhile, as attacks on oil tankers in the Gulf region have intensified in recent days, shipping through the Strait of Hormuz is still restricted. Notably, Saudi Arabia told OPEC (OPEC) that the country's crude oil production fell sharply again in August, to its lowest level since 1990.

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