** Hong Kong shares of PetroChina 0857.HK rise 4.2% to HK$6.42, their highest since October 14, 2024
** Stock on track for biggest one-day pct gain since October 2, 2024; second biggest pct gainer on index tracking energy stocks .HSCIE, which climbs 0.7%
** Shanghai-listed shares 601857.SS rise 1.7% to 8.22 yuan, highest since February 14
** Asia's largest oil and gas producer on Sunday said annual net profit rose 2% to a record high, as moderately higher production helped to offset lower oil prices
** Citi says PetroChina's FY24 net profit is in line with consensus and remains as top pick in China's oil and gas segment; keeps "buy" rating on stock
** Hang Seng Mainland Oil & Gas Index .HSMOGI gains 0.6%, while Hang Seng Index .HSI slips 0.7%
** Hong Kong stock up 3.4% YTD
(Reporting by Donny Kwok)
((donny.kwok@thomsonreuters.com))
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