CNOOC Stock Falls 3.0% in Hong Kong, Underperforms Competitors

Dow Jones01-07

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

Shares of CNOOC Ltd. slid 3.0% to 20.66 Hong Kong dollars on what proved to be an all-around poor trading session for the Hong Kong stock market, with the Hang Seng Index falling 0.9% to 26458.95.

CNOOC Ltd. closed 11% below its 52-week high of HK$23.30, which the company achieved Nov. 12.

The stock underperformed when compared to some of its competitors, as China Petroleum & Chemical Corp. rose 0.9% and PetroChina Co. Ltd. fell 2.9%.

Trading volume totaled 115.4 million shares, compared to the 50-day average of 80.2 million shares.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

January 07, 2026 03:30 ET (08:30 GMT)

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