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Can China oil be held for a long time? Please briefly explain the reasons.
Long-term holding is not recommended for the following reasons:

1 this stock has a huge total share capital, which is difficult to speculate, and its stock attributes are very poor.

The dividend paying ability of this stock is poor, and the dividend paying rate is far less than that of some bank stocks. Buying ICBC is not as good as buying PetroChina.

China is an oil-poor country, and its growth is also very slow.