Cosco and Cnooc Shares Plunge After Announcement

Cosco shares dropped by 4.1% and Cnooc fell 1.5% in Hong Kong, reflecting market reactions. Explore the reasons behind these stock movements.

A dynamic stock market chart with red downward arrows, highlighting the decline of Cosco and Cnooc s
Cosco and Cnooc Shares Plunge After Announcement

Cosco shares dropped as much as 4.1% and Cnooc shares fell by 1.5% in Hong Kong following the announcement.

Source