News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
 Content Sharing
<Research>CCBI Cuts CNOOC's TP to HKD19.6; Rating Kept Outperform
CCBI has issued a research report cutting its target price for CNOOC (00883.HK) by 6.7% from HKD21 to HKD19.6, while maintaining the Outperform rating unchanged.Based on CNOOC'...
Reset
Send
The window will close in 5 seconds
<Research>CCBI Cuts CNOOC's TP to HKD19.6; Rating Kept Outperform
Close
Recommend
12
Positive
20
Negative
8
 
SHORT SELL
 
STOCK INFO

CCBI has issued a research report cutting its target price for CNOOC (00883.HK)  +0.020 (+0.112%)    Short selling $38.50M; Ratio 2.872%   by 6.7% from HKD21 to HKD19.6, while maintaining the Outperform rating unchanged.

Based on CNOOC's current cost control and oil production performance, CCBI revised upward its 2026-27 oil and gas production forecasts by 1% to 780 million/ 800 million barrels.

Related NewsBOCI Lowers Oil Price Forecasts, Downgrades SINOPEC CORP to Hold
To reflect the company's cost management effectiveness, the broker reduced its 2026-27 full cost forecasts by 10%/ 11% to USD26.7/ USD26.2 per barrel. It also axed its 2025-26 net profit forecasts by 15%/ 11% due to the expected decline in crude oil prices.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-05-27 16:25.)

AAStocks Financial News
Copyright(C) AASTOCKS.com Limited 2000. All rights reserved.
Disclaimer: AASTOCKS.com Ltd, HKEx Information Services Limited, its holding companies and/or any subsidiaries of such holding companies endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.