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<Research>M Stanley Forecasts CNOOC to Rise over Next 15 Days, Rating Overweight
Morgan Stanley has released a research report predicting that the share price of CNOOC (00883.HK) has a 70-80% chance of rising within the next 15 days.In light of the rapid develo...
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<Research>M Stanley Forecasts CNOOC to Rise over Next 15 Days, Rating Overweight
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Morgan Stanley has released a research report predicting that the share price of CNOOC (00883.HK)  +0.060 (+0.328%)    Short selling $119.11M; Ratio 11.486%   has a 70-80% chance of rising within the next 15 days.

In light of the rapid developments in the Middle East that have caused oil prices to skyrocket amid concerns over energy supply disruptions, Morgan Stanley believed that CNOOC's stock price might rebound following a correction triggered by recent weakness in oil prices.

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Morgan Stanley currently rates CNOOC as Overweight with a target price of HKD17.6.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-06-18 12:25.)

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