Dow Jones Newswires: China oil giant CNOOC to raise at least $4.4 billion in Shanghai listing

United States

One of China’s biggest oil companies, CNOOC Ltd. HK:883, plans to raise $ 4.41 billion from a Shanghai listing, after its shares were delisted from the New York Stock Exchange.

The state-owned company is selling a total of 2.6 billion shares for 10.80 yuan (US$ 1.70) a share, it said Monday.

If the company exercises an over-allotment option,…