Hong Kong China oil sector dive on oil price fall

Most Chinese oil stocks lower as the international crude oil prices fell overnight under the pressure of concerns that the lower oil prices will affect these oil companies' bottom lines. At 11:00 a.m. local time, PetroChina Co. (0857), China's No. 1 oil producer, dropped l 3.2 percent to HKD1.49. CNOOC Ltd. (0883), China¡¦s largest offshore oil producer, dived 3.7 percent to HKD7.85.

Related stock : (857)(883)