Changes in Hong Kong stocks | China's Xuyang Group (01907) rose more than 5%, US-Iran conflict disrupts Middle East oil and gas supply, coal and chemical industry to welcome profit restoration opportunities

The Zhitong Finance App learned that China's Xuyang Group (01907) rose by more than 5%. As of press release, it had risen 5.26% to HK$2, with a turnover of HK$44,1893 million.

According to the news, due to the tense situation in the Middle East, fuel prices are back above $90. Overnight, Trump stopped stressing a quick agreement, saying it was “far from over,” and once again threatened to attack Iran's deep-seated nuclear facility soon, while Tehran warned that any new attack would expand into a “regional war.” Huatai Securities believes that coal chemicals are a strategic industry that guarantees energy security and the autonomy and control of the chemical industry chain. The conflict between the US, Israel, and Iran disrupted oil and gas supply in the Middle East in March '26, highlighting the strategic position of coal chemicals and opportunities for profit restoration.

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. Fangzheng Securities also said that the sharp rise in chemical prices has led to an increase in the company's chemical performance, and it is expected that 2026 will be a year of sharp rise in Xuyang Group's chemical industry performance.