E&P GLOBAL (01142) dropped more than 12%, hitting HK$0.28 by the time of writing, with a trading volume of HK$8.73 million. The decline follows the company's interim results announcement on November 28 for the six months ended September 30, 2025. Revenue stood at HK$221 million, down 8.4% year-on-year, while the net loss attributable to shareholders surged 1403.5% to HK$1.411 billion. Basic loss per share was HK$0.38.

Additionally, E&P GLOBAL disclosed plans for a share placement on November 27, 2025, proposing to issue up to 1.368 billion shares at HK$0.34 each—a 1.49% premium over the closing price of HK$0.335 on the placement agreement date. The net proceeds of approximately HK$460 million will be allocated as follows: 57.67% for debt repayment, 8.70% to expand energy commodity trading (e.g., diesel/gasoline) in South Korea, 21.76% for coal trading expansion in China, 7.18% for renewable energy ventures, and 4.69% for general working capital.