Pre-market most active: CNOOC (0883.HK) trades HK$21.14 on 07 Jan 2026
CNOOC Limited (0883.HK) is the most active pre-market name in Hong Kong as shares trade at HK$21.14, down 3.29% on heavy volume of 195,565,660 shares on 07 Jan 2026. The stock opened at HK$21.28 on the HKSE and is trading below its 50-day average of HK$21.12 but above the 200-day average of HK$19.05. Investors are watching fresh earnings data, dividend yield and sector flows in Energy as a driver of today’s volume and price action.
Market snapshot for 0883.HK stock
CNOOC (0883.HK) is changing hands at HK$21.14 in pre-market trading on the HKSE in Hong Kong. The one-day move shows a -3.29% decline from the previous close of HK$21.86 with intraday range HK$20.82–HK$21.32. Volume is running at 195,565,660 versus an average of 79,718,612, putting the name at the top of most active lists and flagging notable selling pressure early.
Earnings, revenue and recent reports affecting 0883.HK stock
CNOOC’s latest reported EPS metrics have swung quarter to quarter; the full quote record lists EPS 2.88 and a trailing PE of 7.34. Recent quarterly releases show mixed beats and misses with the April filing reporting EPS 1.30 versus estimate 1.46 and revenue HK$206,096,356,800 far above the estimate. Those numbers help explain current volatility and the market’s re-pricing of near-term earnings growth.
Valuation and fundamentals driving 0883.HK stock analysis
Key ratios underline a value bias: PE around 7.05–7.34, PB roughly 1.14, dividend yield near 6.64%, and debt to equity at 0.09. Free cash flow yield is 10.14% and return on equity is 16.65%. These metrics support a dividend-income thesis while leaving some upside if commodity prices firm.
Technicals and trading flow for 0883.HK stock
Short-term indicators are mixed. RSI sits near 51.55, MACD histogram is positive at 0.08, and Bollinger middle band is HK$20.98. Price sits slightly above the 50-day average, suggesting consolidation. On-chain volume metrics show a relative volume of 2.45, confirming the stock’s most active status in pre-market session.
Sector context and dividend outlook for 0883.HK stock
CNOOC operates in the Energy sector and trades in line with cyclicals and commodity moves. The sector has YTD strength, supporting higher oil-linked cash flows. CNOOC’s trailing dividend per share is about HK$1.24 and payout ratio near 47.08%, which investors prize in the current low-yield environment.
Meyka AI grade and forecast for 0883.HK stock
Meyka AI rates 0883.HK with a score out of 100: 82.91 | Grade: A | Suggestion: BUY. This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. Meyka AI’s forecast model projects a quarterly target of HK$26.01 and a monthly projection of HK$20.98. These model outputs show potential upside to the near-term target but also a modest downside to the yearly projection. Forecasts are model-based projections and not guarantees.
Final Thoughts
Key takeaways for 0883.HK stock: pre-market liquidity and price action reflect active repositioning by traders after mixed earnings signals and strong cash flow metrics. At HK$21.14, CNOOC shows value metrics with a PE near 7.34, PB around 1.14, and a dividend yield near 6.64%, supporting an income-oriented case. Meyka AI’s forecast model projects a quarterly target of HK$26.01, implying an estimated upside of 23.05% versus the current price. The model’s yearly projection of HK$20.15 implies a small downside of -4.70%, highlighting short-term dispersion among scenarios. Exchange listings remain on the HKSE and currency is HKD. Investors should weigh commodity risk, offshore exploration exposure and dividend sustainability. Meyka AI provides this as an AI-powered market analysis platform; forecasts are model-based projections and not guarantees.
FAQs
Pre-market on 07 Jan 2026, CNOOC (0883.HK) trades at HK$21.14 with volume near 195,565,660 shares. The stock is listed on the HKSE and is tracking well above its 200-day average of HK$19.05.
CNOOC shows value characteristics: PE around 7.34, PB about 1.14 and free cash flow yield roughly 10.14%. The dividend yield is around 6.64%, supported by a payout ratio near 47%.
Meyka AI’s forecast model projects a quarterly target of HK$26.01 and a monthly figure of HK$20.98. These are model-based projections and not guarantees, used to compare scenarios versus the current price of HK$21.14.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.
