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China Oil and Gas Group Issues Overseas Regulatory Notice Emphasising No Securities Offer

Story Highlights
  • China Oil and Gas Group reposted its Singapore announcement in Hong Kong to ensure equal information disclosure.
  • The company clarifies the notice is not a securities offer and urges investors not to base decisions on it alone.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
China Oil and Gas Group Issues Overseas Regulatory Notice Emphasising No Securities Offer

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An announcement from China Oil & Gas Group ( (HK:0603) ) is now available.

China Oil and Gas Group Limited has issued an overseas regulatory announcement to Hong Kong investors, reproducing an earlier notice posted on the Singapore Exchange to ensure equal dissemination of information in line with Hong Kong listing requirements. The company stresses that the announcement does not constitute an offer, solicitation, or inducement to buy or subscribe for any securities in any jurisdiction, particularly in the United States, where the referenced notes will not be registered, and emphasizes that no investment decisions should be based solely on the information in that document, underlining a cautious and compliance-focused approach to its international capital market communications.

The most recent analyst rating on (HK:0603) stock is a Buy with a HK$0.18 price target. To see the full list of analyst forecasts on China Oil & Gas Group stock, see the HK:0603 Stock Forecast page.

More about China Oil & Gas Group

China Oil and Gas Group Limited is a Bermuda-incorporated company listed in Hong Kong (Stock Code: 603), operating in the energy sector with a focus suggested by its name on oil and gas-related businesses. The board comprises four executive directors, including Chairman and CEO Xu Tie-liang, and three independent non-executive directors, reflecting a typical governance structure for a mid-to-large listed energy group.

Average Trading Volume: 5,344,427

Technical Sentiment Signal: Strong Sell

Current Market Cap: HK$779.6M

For detailed information about 0603 stock, go to TipRanks’ Stock Analysis page.

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