HKEx condemned the disclosure of earnings information means CNOOC.

<P> Publicly condemned China Hong Kong Stock Exchange oil producer China National Offshore Oil Corporation (CNOOC, hereinafter referred to as "CNOOC"), saying the company has chosen to disclose earnings information, and did not seek the approval of minority shareholders agreed to it with some .transactions between associated enterprises. .</ P> <P> but the Hong Kong Stock Exchange itself, the method of handling the matter has also been criticized as early as three years ago, CNOOC for the first time alleged violation, and then only for a closed-door investigation critics say .. .</ P> <P> corporate governance Web site editor of Webb-site.com, David • Weber (David Webb), said: "Listing Committee of the disciplinary proceedings conducted in secret, behind closed doors almost always operating, and even hearing .progress is never disclosed. "</ P> <P> critics say the Hong Kong Stock Exchange as a regulator of other publicly traded companies, the role itself to the inherent conflict of interest. .Hong Kong Stock Exchange countered that its structure to enable it to perform its regulatory functions. .</ P> <P> Hong Kong Stock Exchange, said in October 2002, China's third largest oil producer, CNOOC in a number of fund managers and the media to publish the first 9 months of the year expected earnings figures, a selective .disclosure of the information. .</ P> <P> In addition, CNOOC CNOOC also accused from June 2002 to March 2004 among the 6.6 billion yuan (815 million aggregate) to its parent company's deposit on account of a subsidiary, before .not seek the approval of independent shareholders. .</ P> <P> head of the Hong Kong Stock Exchange Listing Division of the Richard Williams (Richard Williams) that a timely and accurate information is critical to investors. .Mr Richard Williams, said: "If people feel that some investors are excluded from the privileged counterparties outside the core group, then there is nothing better than feeling the corrosion market confidence." </ P> <P> .But Weber is on the Hong Kong Stock Exchange itself, the timing of the disclosure raised questions about the matter. .</ P> <P> Webber said: "Despite the disciplinary hearing is to be half years ago, April 19, 2005 carried out, but the result was announced only today. What happened since April, no one knows. ."</ P> <P>, a spokesman for the Hong Kong Stock Exchange has denied any undue delay. .</ P>.