Corporate Update: China Oilfield Services (2883.HK)
Trading Activity
China Oilfield Services (2883.HK) closed higher by 1.13 % during the 24‑hour period ending at 03:10 AM Central Europe on Thursday, 22 November 2026. The share price currently trades at approximately HKD 7.48 on the most actively used exchanges. Over the past day, roughly HKD 79.2 million worth of shares were exchanged, reflecting moderate liquidity against a circulating supply of 1.8 billion shares.
Market Metrics
- Market Capitalisation: HKD 36.3 billion
- Simple Moving Average (SMA 200 days): HKD 8.09
- 52‑Week High: HKD 11.74 (recorded on 03 March 2026)
- 52‑Week Low: HKD 6.09 (recorded on 30 June 2026)
Since the close of the previous month, the stock has fallen 0.91 %, indicating a mild retracement after a period of gains.
Peer Performance Snapshot
| Stock | Ticker | 24‑hr Move | Current Price | Market Cap (CNY) |
|---|---|---|---|---|
| Tcl Zhonghuan Renewable En | 002129.SZ | 0 % | CNY 8.84 | CNY 37.1 bn |
| Zhejiang Longsheng C | 600352.SS | 0 % | CNY 11.13 | CNY 36.4 bn |
| Cict Mobile Communication | 688387.SS | 0 % | CNY 10.84 | CNY 37.2 bn |
| Loongson L | 688047.SS | 0 % | CNY 91.65 | CNY 36.9 bn |
| Shanxi Coking Coal Energy | 000983.SZ | 0 % | CNY 6.27 | CNY 36.3 bn |
Additional valuation metrics for Zhejiang Longsheng C (P/E 18.97) and Shanxi Coking Coal Energy (P/E 25.16) suggest that these peers maintain valuation multiples that are broadly in line with sector norms.
Company Profile
China Oilfield Services Limited (COSL) is a Shanghai‑listed provider of comprehensive oilfield services, with a focus on geophysical prospecting, drilling, and the development of energy equipment. The company also operates transportation services, creating synergies across its operational footprint. COSL has been trading on the Shanghai Stock Exchange since its initial public offering in November 2002 and maintains a robust online presence through its corporate website at www.cosl.com.cn .
