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CNOOC Limited ( (HK:0883) ) has shared an update.
China National Offshore Oil Corporation, the actual controller of CNOOC Limited, has further increased its stake in the listed subsidiary through purchases of both A shares in Shanghai and H shares via the Shanghai–Hong Kong Stock Connect. The latest transactions between October 2025 and early March 2026 lifted CNOOC Group’s direct and indirect holdings to about 62.14 percent of CNOOC Limited’s total issued share capital.
Under the ongoing shareholding increase plan, CNOOC Group has invested roughly RMB403 million in aggregate to acquire additional A and Hong Kong shares using internal funds, and has committed not to reduce its stake during the implementation and statutory lock-up periods. The company will continue to monitor and disclose progress on the plan, while cautioning investors that changing market conditions could affect the eventual scale of the stake-building program and related expectations.
The most recent analyst rating on (HK:0883) stock is a Buy with a HK$26.00 price target. To see the full list of analyst forecasts on CNOOC Limited stock, see the HK:0883 Stock Forecast page.
More about CNOOC Limited
CNOOC Limited is a Hong Kong–incorporated oil and gas company controlled by China National Offshore Oil Corporation. It is a major upstream energy producer with shares listed in both Shanghai and Hong Kong, giving it access to mainland and international capital markets and a broad base of institutional and retail investors.
Average Trading Volume: 90,735,969
Technical Sentiment Signal: Buy
Current Market Cap: HK$1322.4B
See more data about 0883 stock on TipRanks’ Stock Analysis page.