CNOOC Limited
CNOOC Limited (HKSE: 883) is trading at HK$23.40, about ₹287 at today's HKD/INR rate, as of 25 Sep 2026, 4:08 AM ET, down 1.85% today. Indian residents can buy CNOOC from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
HK$23.26
Today's high
HK$23.82
52 week low
HK$18.42
52 week high
HK$30.98
883 opened at HK$23.60, closed previously at HK$23.84, and has traded between HK$18.42 and HK$30.98 over the past 52 weeks.
About
CNOOC Limited functions as an investment holding company, with its core business encompassing the full lifecycle of crude oil and natural gas, from exploration and development to production and sales. Its activities are organized across three primary segments: Exploration & Production (E&P), Trading, and Corporate functions. The company primarily extracts offshore crude oil and natural gas from Chinese waters, specifically in the Bohai Sea, Western South China Sea, Eastern South China Sea, and East China Sea regions. Furthermore, CNOOC Limited maintains interests in various oil and gas assets distributed across Asia, Africa, North America, South America, Oceania, and Europe. As of December 31, 2021, its net proved reserves were approximately 5.73 billion barrels of oil equivalent. Beyond its primary operations, the company also participates in bond issuance, the marketing and sale of petroleum and natural gas, and the surface exploration and commercialization of coalbed methane. With a global presence, CNOOC Limited conducts operations in countries such as China, Canada, the United States, the United Kingdom, Nigeria, Argentina, Indonesia, Uganda, Iraq, Brazil, Guyana, Russia, and Australia, alongside other international ventures. Founded in 1999 and headquartered in Central, Hong Kong, CNOOC Limited functions as a subsidiary of China National Offshore Oil Corporation.
Key statistics
Avg. volume
78.55M
Market cap
HK$1.11T
P/E Ratio
6.97
Price-to-sales ratio
2.26
Enterprise value
CN¥856.67B
Free cash flow yield
13.73%
Debt-to-equity ratio
0.08
Return on equity
16.54%
ROIC
13.29%
Beta
0.32
Dividend yield
6.37%
Last dividend
HK$1.28
Financial overview
Revenue
CN¥398.22B
Earnings per share
CN¥2.57
Free cash flow
CN¥96.91B
Net profit margin
32.64%
Gross margin
69.01%
EBITDA
CN¥254.15B
Revenue growth
-5.30%
Similar securities
This is not an investment recommendation
How to buy CNOOC from India
Indian residents can buy CNOOC shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars and then to HKD.
Search for CNOOC and place an order
Find CNOOC by name or by its ticker, 883, and choose an order type. Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share. CNOOC trades 7:00 am – 1:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your CNOOC position in HKD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Read the full guide: how to invest in CNOOC from India
Trading and taxes when buying CNOOC from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm HKT
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateDividends are taxed at your slab rate in India. CNOOC’s current yield is 6.37%.Dividend tax explained
- Estate or inheritance tax
- May applyHong Kong has no estate duty.Estate tax explained
Custody. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
FAQs
Can Indian residents buy CNOOC stock?
Yes. CNOOC (883) has been listed on the Hong Kong Stock Exchange since 2001, in the Oil & Gas Exploration & Production industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars and then to HKD. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
How much does one CNOOC share cost in rupees?
One CNOOC share is HK$23.40 — about ₹287 at an HKD/INR rate of 12.25 on 24 Sep 2026. Both the CNOOC price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying CNOOC from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
What is the minimum I can buy of CNOOC?
Many Hong Kong listings trade in board lots, so the smallest order is one lot rather than one share.
How are gains on CNOOC shares taxed in India?
Hong Kong generally does not levy capital gains tax on non-resident individual investors for HKEX-listed stocks, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the HKD/INR rate on the purchase and the sale date, so the rupee move counts alongside the CNOOC price. Paasa issues a capital-gains statement for your return.
Does CNOOC pay a dividend, and how is it taxed in India?
Yes. CNOOC pays a dividend and the current yield is 6.37%; the last declared dividend was HK$1.28 per share, about ₹15.68. Dividends are taxed at your slab rate in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade CNOOC from India?
The Hong Kong Stock Exchange trades 7:00 am – 1:30 pm IST in Indian time. It also halts for lunch, 9:30 am – 10:30 am IST. Orders can only execute during that window.
Is there estate or inheritance tax on CNOOC shares held from India?
Hong Kong has no estate duty.
Do I have to declare CNOOC shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your CNOOC holding, its cost and its closing value.
How do I sell CNOOC and bring the money back to India?
You sell during market hours (7:00 am – 1:30 pm IST) and the proceeds settle in HKD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.