Stocks in Hong Kong show unusual movement | Oil stocks continue to decline as tensions in the Middle East ease and the U.S. relaxes sanctions on Iranian oil.

According to the Securities Times app, oil stocks continue to decline. As of the time of writing, CNOOC (00857.HK) fell by 2.51% to 8.93 Hong Kong dollars; PetroChina (00883.HK) fell by 2.43% to 21.66 Hong Kong dollars; Sinopec (00386.HK) fell by 1.44% to 4.1 Hong Kong dollars; and CNOOC (02883) fell by 1.33% to 6.68 Hong Kong dollars.