CNOOC Stock Slips 2.3% in Hong Kong, Underperforms Competitors

Dow Jones12-16

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

Shares of CNOOC Ltd. slid 2.3% to 20.20 Hong Kong dollars on what proved to be an all-around rough trading session for the Hong Kong stock market, with the Hang Seng Index falling 1.5% to 25235.41.

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

CNOOC Ltd. closed 13% short of its 52-week high of HK$23.30, which the company reached Nov. 12.

The stock underperformed when compared to some of its competitors, as China Petroleum & Chemical Corp. fell 1.1% and PetroChina Co. Ltd. fell 1.4%.

Trading volume totaled 86.1 million shares, compared to the 50-day average of 83.1 million shares.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

December 16, 2025 03:31 ET (08:31 GMT)

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