As of June 2024, the Hong Kong market has shown resilience with the Hang Seng Index rising by 1.59%, reflecting a cautiously optimistic outlook among investors despite broader global economic uncertainties. In this context, dividend stocks in Hong Kong could appeal to those seeking potential stability and regular income streams from their investments.
CNOOC Limited (the "Company", SEHK: 00883 (HKD Counter) and 80883 (RMB Counter), SSE: 600938) announces today that it has achieved a major exploration breakthrough in ultra-shallow gas play in ultra-deep water South China Sea.
Amidst a turbulent global backdrop, the Hong Kong market has shown resilience, with investors closely monitoring sectors that promise stable returns. As markets navigate through uncertainties such as interest rate speculations and economic slowdowns, dividend stocks like China Telecom have become a focal point for those seeking reliable investment avenues in Hong Kong.