CNOOC Stock Sheds 2.7% in Hong Kong, Underperforms Competitors

Dow Jones07-24

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

Shares of CNOOC Ltd. shed 2.7% to 23.56 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 1.0% to 24963.23.

The stock's fall snapped a two-day winning streak.

CNOOC Ltd. closed 24% short of 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 1.4% and PetroChina Co. Ltd. rose 1.0%.

Trading volume totaled 97.6 million shares, compared to the 50-day average of 91.0 million shares.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

July 24, 2026 04:32 ET (08:32 GMT)

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Ltd. rose 1.0%. \n\n\n     Trading volume totaled 97.6 million shares, compared to the 50-day average of 91.0 million shares. \n\n\n  Data source: Dow Jones Market Data, FactSet \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  July 24, 2026 04:32 ET (08:32 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"isLaohu8Offline":false,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.47.1","shortVersion":"4.47.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2653707140","isCrawlerRequest":true}