PetroChina Stock Jumps on Oil Boom, Dividend Windfall & Stablecoin Ambitions
Stock Price on the Rise PetroChina’s Hong Kong-listed H-shares have been on a notable upswing in recent months. On October 20, the stock jumped to HK$7.65, gaining +4.5% in a single session reuters.com reuters.com. Investors bid up the price amid a broader oil sector rally and optimism around the company’s latest moves. At current levels, PetroChina is trading near its highest price of the past year (52-week high: HK$7.90) reuters.com. The stock has dramatically rebounded from its 52-week low of HK$5.07 in April reuters.com, reflecting improved market sentiment. Year-to-date, PetroChina’s share price is roughly flat to modestly higher, but that