CNOOC Ltd Shanghai debut launched with big bang but proceeds fall short

Company raises $4.4 billion from the A-share issuance

Impact: CNOOC Ltd Shanghai IPO hits the market — Impact: CNOOC Ltd Shanghai IPO hits the marketPhoto: REUTERS/SCANPIX

Xu Yihe

Singapore

CNOOC Ltd Shanghai IPO China US

Published 21 April 2022, 03:49Updated 27 April 2022, 09:30