CNOOC Stock Falls 2.4% in Hong Kong, Outperforms Competitors

Dow Jones12-09

This article was automatically generated by Dow Jones using technology from Automated Insights.

Shares of CNOOC Ltd. shed 2.4% to 21.06 Hong Kong dollars on what proved to be an all-around dismal trading session for the Hong Kong stock market, with the Hang Seng Index falling 1.3% to 25434.23.

This was the stock's second consecutive day of losses.

CNOOC Ltd. closed 9.6% short of its 52-week high of HK$23.30, which the company reached Nov. 12.

Despite its losses, the stock outperformed some of its competitors, as China Petroleum & Chemical Corp. fell 2.9% and PetroChina Co. Ltd. fell 3.0%.

Trading volume totaled 74.2 million shares, compared to the 50-day average of 81.6 million shares.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

December 09, 2025 03:32 ET (08:32 GMT)

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