CNOOC Stock Slides 2.7% in Hong Kong, Underperforms Competitors

Dow Jones06-25 16:32

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

Shares of CNOOC Ltd. slid 2.7% to 21.22 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 1.4% to 23076.91.

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

CNOOC Ltd. closed 32% below its 52-week high of HK$30.98, which the company reached March 23.

The stock underperformed when compared to some of its competitors, as China Petroleum & Chemical Corp. fell 1.2% and PetroChina Co. Ltd. fell 2.5%.

Trading volume totaled 145.4 million shares, compared to the 50-day average of 98.3 million shares.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

June 25, 2026 04:32 ET (08:32 GMT)

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