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Shares of CNOOC Ltd. rallied 4.1% to 19.40 Hong Kong dollars on what proved to be an all-around grim trading session for the Hong Kong stock market, with the Hang Seng Index falling 0.8% to 24998.82.
CNOOC Ltd. closed 13% below its 52-week high of HK$22.25, which the company achieved Oct. 7.
The stock outperformed some of its competitors, as China Petroleum & Chemical Corp. rose 0.2% and PetroChina Co. Ltd. fell 0.1%.
Trading volume totaled 203.8 million shares, compared to the 50-day average of 75.7 million shares.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
August 28, 2025 04:31 ET (08:31 GMT)
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