Hong Kong-listed oil and gas producers strengthened in early trade: 00632.HK rose over 3%, CNOOC (00883.HK) gained more than 2%, PetroChina (00857.HK) advanced 1.55%.

A maritime advisory said the southern channel of the Strait of Hormuz remained open to shipping on Sunday despite reciprocal US‑Iran attacks and Iran's announcement that it had closed the strait.

On July 13 morning Duofuduo shares hit the daily down-limit; at midday the stock was 36.99 yuan, down 10%. On July 10 the company disclosed a 1H 2026 profit forecast of 450–560 mln yuan in net profit attributable to shareholders, up 776.68–990.98% YoY. Market participants said LiPF6 (lithium hexafluorophosphate) prices softened in Q2 while upstream lithium carbonate rose, squeezing margins and reducing per-ton profits. After a prior sharp share rally the company clarified semiconductor-grade hydrofluoric acid represents a negligible share of sales and it has no production line, products or substantive orders for tungsten hexafluoride, so short-term delivery is unlikely. Duofuduo said the industry has seasonal Q2 weakness in prices and shipments, lithium carbonate increases have an impact, and the company may raise product prices to offset higher raw-material costs. Third-party quotes put LiPF6 near 100,000 yuan/ton. Company-specific details will be disclosed in the formal interim report.