|Bid||9.390 x 0|
|Ask||9.400 x 0|
|Day's range||9.330 - 9.600|
|52-week range||7.550 - 12.540|
|Beta (5Y monthly)||0.98|
|PE ratio (TTM)||7.28|
|Earnings date||19 Aug 2022 - 25 Aug 2022|
|Forward dividend & yield||1.40 (13.70%)|
|Ex-dividend date||06 Sept 2022|
|1y target est||13.57|
The Chinese city of Shenzhen told 100 major companies including iPhone maker Foxconn to set up "closed-loop" systems as it battles COVID-19, according to a document attributed to the local government circulating online on Monday. While Reuters could not independently verify the document, a notice at a Shenzhen office of oil giant CNOOC Ltd seen by Reuters said that the building would be closed for seven days until July 31, with staff to work from home and continue with daily COVID testing. The Shenzhen government did not respond to a request for comment.
(Bloomberg) -- China has forced some of its biggest companies, including iPhone maker Foxconn and oil producer Cnooc Ltd., to operate within a “closed loop” restricted system for seven days as the southern manufacturing hub of Shenzhen battles its latest Covid outbreak.Most Read from BloombergRockstar Games Cleaned Up Its Frat-Boy Culture — and Grand Theft Auto, TooUS Economy Shrinks for a Second Quarter, Fueling Recession FearsFed Hikes 75 Basis Points Second Time, Signals Third Is PossibleBide
SINGAPORE (Reuters) -PetroChina may sell out from natural gas projects in Australia and oil sands in Canada to stem losses and divert funds to more lucrative sites in the Middle East, Africa and central Asia, two people with knowledge of the matter said. PetroChina's plan follows a similar strategic shift by smaller state peer CNOOC Ltd, which was preparing to exit its operations in Britain, Canada and the United States because of concerns the assets could become subject to Western sanctions. The sales follow an internal review of PetroChina's global portfolio that began last year, the two sources said, declining to be named as the discussions are not public.