Possibly influenced by the Iran situation, A-shares China Petroleum hit the daily limit and its market value reached a nearly 11-year high.

BlockBeats News, March 2 — Due to the Iran situation, A-shares China Petroleum hit the daily limit during trading, with a turnover exceeding 7.8 billion yuan.

Market data shows that China Petroleum’s market value increased by over 2 trillion yuan, reaching a new high in nearly 11 years. The company’s intraday market value exceeded 2 trillion yuan, surpassing the combined market values of the other two oil giants — Sinopec and CNOOC. (Jinshi)

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