Nineteen years, the stock of the "Asia's Most Profitable Company" that was allocated shares unlocks the lock-up

PortfolioAlert · 2026-03-03T05:03:39+00:00

Having just entered the market in 2007, I hit the jackpot with a new stock called China Petroleum, which at the time was crowned "Asia's most profitable company." On November 5, 2007, the day China Petroleum's A-shares were listed, the market was buzzing. The well-known stock analyst Lao Sha was passionately bullish, and his words are still memorable today. Quote 1: "Buy China Petroleum, and you'll never have to worry for a lifetime; buy Sinopec, and you'll never have to be afraid for a lifetime." Quote 2: "Hold on to these 1000 shares, and you've held a wedding ring after falling in love with the stock market." Nineteen years later, on March 3, 2026, the winning China Petroleum shares were finally unlocked.

PortfolioAlert

2026-03-03 05:03:39

In 2007, shortly after entering the market, I bought a new stock called China Petroleum, which was then crowned as “Asia’s most profitable company.”

On November 5, 2007, the day China Petroleum’s A-shares were listed, the market was buzzing.

I still vividly remember the famous stock analyst Lao Sha’s enthusiastic bullish remarks, quote 1: “Buy China Petroleum, and you’ll never have to worry for a lifetime; buy Sinopec, and you’ll never be afraid.” Quote 2: “Hold onto these 1,000 shares, and you’ve held a wedding ring after falling in love with the stock market.”

Nineteen years later, on March 3, 2026, the winning China Petroleum shares finally broke free.

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