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CNOOC Limited ( (HK:0883) ) just unveiled an update.
CNOOC Limited announced that Independent Non-executive Director Chan Chak Ming has resigned from the board, as well as from the Audit Committee and Remuneration Committee, effective 29 December 2025 following his acceptance of a government appointment in Hong Kong; the company stated there was no disagreement with the board or issues requiring shareholder attention and expressed gratitude for his service. To maintain the strength of its governance structure, the board has appointed Independent Non-executive Director Qiu Zhi Zhong to the Audit Committee and Independent Non-executive Director Lin Boqiang to the Remuneration Committee, moves that help ensure continuity and stability in the company’s oversight and remuneration governance as of the same effective date.
The most recent analyst rating on (HK:0883) stock is a Hold with a HK$24.50 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 listed in both Hong Kong dollar and renminbi counters, overseen by a board comprising non-executive, executive and independent non-executive directors and supported by key committees such as the Audit Committee and the Remuneration Committee.
YTD Price Performance: 15.83%
Average Trading Volume: 80,218,697
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$1009.8B
See more insights into 0883 stock on TipRanks’ Stock Analysis page.