Changes in Hong Kong stocks | China Xuyang Group (01907) rose nearly 7% in the afternoon, and international oil prices rebounded strongly, and coal chemical's high profit cycle is expected to continue

The Zhitong Finance App learned that China Xuyang Group (01907) rose nearly 7% in the afternoon. As of press release, it had risen 6.67% to HK$1.92, with a turnover of HK$440.82 million.

According to the news, the situation between the US and Iran continues to escalate, and the strong rebound in Brent oil prices broke through 90 US dollars/barrel. Fangzheng Securities pointed out that although coal prices are currently rising, oil prices have risen even more. The raw material cost side of coal chemical companies is relatively stable, and the cost gap continues to widen. When the oil price is 100 US dollars/barrel, the profit of coal-to-olefin can reach more than 40%, and the high profit cycle of coal chemicals is expected to continue.

According to public information, China's Xuyang Coal Chemical and Coking Deep Processing business layout is perfect, and as of 2025, the company has its own chemical production capacity of 4.6 million tons. Changjiang Securities pointed out that China's Xuyang Group's coal chemical profit elasticity contributed most clearly to the overall performance. Due to the large scale of coal chemical production capacity and the small profit base last year, it is estimated that the performance of the coal chemical industry in 2026 is expected to bring significant upward elasticity compared to the company's overall performance in 2025.