Sou Hu Cai Jing·2025-10-31 19:30Core Viewpoint - Southbound funds have significantly increased their holdings in China National Offshore Oil Corporation (CNOOC), indicating strong investor interest and confidence in the company [1]. Group 1: Shareholding Changes - On October 31, southbound funds increased their holdings by 14.51 million shares, bringing the total to 9.951 billion shares, which represents a 0.15% increase [2]. - Over the past five trading days, there have been increases in holdings for five days, with a total net increase of 19.7 million shares [1]. - In the last 20 trading days, there were increases on 19 days, resulting in a cumulative net increase of 36.6 million shares [1]. Group 2: Company Overview - CNOOC is primarily engaged in the exploration, development, production, and sale of crude oil and natural gas, operating through three main departments: Exploration and Production (E&P), Trading, and Business Services [2]. - The E&P department focuses on conventional oil and gas, shale oil and gas, oil sands, and other unconventional oil and gas operations [2]. - The Trading department is involved in the import and export of crude oil and natural gas, while the Business Services department handles technology research and development, asset management, and product sales [2].