CNOOC Stock Sheds 3.5% in Hong Kong, Underperforms Competitors

Dow Jones03-24

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

Shares of CNOOC Ltd. slid 3.5% to 29.44 Hong Kong dollars on what proved to be an all-around favorable trading session for the Hong Kong stock market, with the Hang Seng Index rising 2.8% to 25063.71.

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

CNOOC Ltd. closed 5.0% 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. rose 0.9% and PetroChina Co. Ltd. fell 0.4%.

Trading volume totaled 249.9 million shares, compared to the 50-day average of 146.9 million shares.

Data source: Dow Jones Market Data, FactSet

(END) Dow Jones Newswires

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

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Ltd. fell 0.4%. \n\n\n     Trading volume totaled 249.9 million shares, compared to the 50-day average of 146.9 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  March 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":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"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,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.38.0","shortVersion":"4.38.0","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/2621505206","isCrawlerRequest":true}