On September 8, SINOPEC CORP rose 3.17% in regular trading, trading at HKD 4.885/share with turnover of HKD 233 million, rebounding from the prior session's 1.36% decline.

The company has maintained an aggressive share repurchase campaign, completing nine consecutive trading days of H-share buybacks since August 26, accumulating approximately 20.09 million shares totaling HKD 95.14 million over that stretch. On September 7 alone, the company repurchased 2.244 million H-shares at prices ranging from HKD 4.69 to HKD 4.78, spending HKD 10.61 million. On the A-share side, cumulative buybacks reached 104.26 million shares totaling approximately RMB 500 million as of end-August, representing half of the upper budget limit.

Fundamentally, the company reported strong first-half results on August 24, with net profit attributable to shareholders rising 19.3% year-over-year to RMB 25.63 billion on revenue of RMB 1.437 trillion. Additionally, on September 7, the board approved raising the annual related-party transaction cap with Sinopec Group to up to RMB 594.6 billion for 2027, aimed at securing stable crude oil and refined product supply.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)