Market Chatter: CNOOC to Follow Up on Inclusion in Pentagon Blacklist

MT Newswires Live01-09 11:13

CNOOC (HKG:0883, SHA:600938) said it will follow up on its inclusion in a blacklist by the US Department of Defense over alleged links with the People's Liberation Army, Reuters reported Wednesday.

The Chinese oil company was among those included in the blacklist together with internet giant Tencent (HKG:0700), Contemporary Amperex Technology or CATL (SHE:300750), Cosco Shipping Holdings (HKG:1919, SHA:601919).

Tencent has denied links with China's military and said its inclusion in the blacklist, though not legally bearing, is a "mistake."

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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