You are browsing the Hong Kong website, Regulated by Hong Kong SFC (CE number: BJA907). Investment is risky and you must be cautious when entering the market.
惠譽:中國國有石油公司下游利潤或小幅回升
評級機構惠譽表示,今年第四季,中國國有石油公司下游煉化與營銷業務的利潤或有小幅回升,主因近期政府發放大量成品油出口配額,允許將更多的汽油和煤油出口至海外,以緩解國內供應過剩帶來的壓力。此外,今年第四季相比第二季度按年需求收縮放緩,相比第三季庫存損耗下降,亦可緩解下游業務的利潤壓力。 惠譽指,鑑於中國全國新冠感染人數普遍復增,今年第四季國內油品需求或呈疲軟態勢,但應仍高於全國多地大面積實施封控的第二季。而原油價格自近期逾110美元/桶的高位回落橫行,因此庫存損耗應趨緩。 然而,惠譽料其授評的中國國有石油公司的煉化與營銷板塊的全年利潤或將下降,不過有些公司的上游利潤較高,應可帶來緩衝。此因素對於惠譽授評的中國國有石油公司的信用產生的影響有限,因有關公司的評級與中國的主權評級掛鉤,且其財務槓桿率極低,獨立信用狀況有充足的空間。(ek/u) ~
Follow us
Find us on Facebook, Twitter , Instagram, and YouTube or frequent updates on all things investing.Have a financial topic you would like to discuss? Head over to the uSMART Community to share your thoughts and insights about the market! Click the picture below to download and explore uSMART app!
Disclaimers
uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of the article is for reference only and does not constitute any offer, solicitation, recommendation, opinion or guarantee of any securities, virtual assets, financial products or instruments. Regulatory authorities may restrict the trading of virtual asset-related ETFs to only investors who meet specified requirements. Any calculations or images in the article are for illustrative purposes only.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance. Please carefully consider your personal risk tolerance, and consult independent professional advice if necessary.
uSMART
Wealth Growth Made Easy
Open Account