SHANDONG MOLONG

Shandong Molong’s new H‑share placement offers a 19% discount, aiming to raise over HK$100 million to boost R&D, scale production, and expand its global oil equipment reach.

Shandong Molong Petroleum Machinery Co Ltd. excels in oil‑well machinery, boasting a diverse product line and market‑cap growth, while South‑bound capital fuels investor confidence amid sector volatility.

Shandong Molong surges 6.44% on March 6, boosted by strong institutional buys, sustained south‑bound inflows and a rally in oil‑and‑gas equipment stocks.