Movement Alert｜CNOOC Falls 3.32% in Regular Trading, Dividend Record Date Nears

Market Focus10-15

On October 15, CNOOC fell 3.32% in Regular Trading, trading at HK$23.94, with turnover of HK$791 million.

The clearest recent catalyst is the company’s mid-term dividend distribution schedule. CNOOC previously announced a cash dividend of HK$0.94 per share, equivalent to RMB0.81324 per A share, with October 15 set as the record date and October 16 as the payment date.

Supporting context shows the company also disclosed on October 8 that its ultimate controlling shareholder, China National Offshore Oil Corp., had increased holdings in both A shares and H shares from March 5 to October 8, with cumulative investment of about RMB652 million, and said it may continue to raise its stake using its own funds. Earlier interim results released in late August showed revenue of RMB242.66 billion, up 16.9%, and adjusted net profit of RMB85.733 billion, up 23.6%.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

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