Geo‑Jade Petroleum (600759.SS)
Trading performance
- Closing price at 07:09 PM CET on Thursday 22 April 2026: CNY 2.10.
- 24‑hour change: flat (+0 %).
- Current trading volume in the last 24 hours: CNY 108.5 million.
- Market capitalization: CNY 9.1 billion.
- Total shares outstanding: 4.2 billion.
- 200‑day simple moving average: CNY 2.44.
- 52‑week high: CNY 9.09 (03 May 2026).
- 52‑week low: CNY 1.82 (30 June 2026).
- Since the end of the previous month: down 8.05 %.
Recent regulatory update China’s securities regulator announced new rules that take effect on 1 December 2026. The rules tighten enforcement of off‑market share sales by large shareholders. Key points include:
- A graded penalty framework that scales fines according to the proportion of shares sold and the monetary value involved.
- Emphasis on the substance of a transaction over its form, enabling regulators to target covert sale mechanisms such as trust transfers or nominee accounts.
- Integration of compliance checks into transaction systems.
- Publication of penalty rationales to improve transparency.
- The regulations build on earlier measures that restricted controlling shareholders from selling shares under adverse market conditions and introduced mandatory buy‑back and price‑difference reporting for illicit sales.
Peer comparison (24‑hour performance)
| Stock | 24‑hr change | Current price | Market cap | P/E ratio |
|---|---|---|---|---|
| Greentown Service L (2869.HK) | –0.85 % | HKD 3.96 | HKD 12.8 bn | 11.18 |
| Tibet Cheezheng Tibetan (002287.SZ) | 0 % | CNY 19.02 | CNY 10.9 bn | 16.33 |
| Xinjiang Zhongtai Chemical (002092.SZ) | 0 % | CNY 4.14 | CNY 10.9 bn | – |
| Beijing Jingneng Clean Energy (0579.HK) | –1.28 % | HKD 1.5 | HKD 12.9 bn | 4.67 |
| Gkg Precision Machine L (301338.SZ) | 0 % | CNY 69.06 | CNY 10.9 bn | 54.67 |
Company overview Geo‑Jade Petroleum Corporation is headquartered in Beijing, China, and specializes in exploration and processing of petroleum products, including crude oil and natural gas. The company also operates in transportation, real estate development, and other related businesses. Geo‑Jade Petroleum is listed on the Shanghai Stock Exchange and conducted its IPO on 31 August 1984. For further details, visit the company’s website at www.geojade.com .
