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Shares of CNOOC Ltd. advanced 1.7% to 18.64 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 0.3% to 24203.32.
CNOOC Ltd. closed 19% short of its 52-week high of HK$23.10, which the company reached July 15.
The stock outperformed some of its competitors, as China Petroleum & Chemical Corp. rose 0.9% and PetroChina Co. Ltd. rose 1.6%.
Trading volume totaled 70.0 million shares, compared to the 50-day average of 88.0 million shares.
Data source: Dow Jones Market Data, FactSet
(END) Dow Jones Newswires
July 14, 2025 04:32 ET (08:32 GMT)
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