Stocks - Cosco Pacific, CNOOC Fall

The benchmark Hang Seng Index HSI reversed course and fell 0.5 percent to 24,005.50 in late morning trade on Thursday.

The China Enterprises Index of locally listed mainland firms fell 1.11 percent.
Here are some of the stocks on the move on Thursday.

Shares in COSCO Pacfic were down 6 percent, after diving more than 8 percent earlier, after the world's No. 5 container operator said it had put in a 500 million euro ($780 million) bid for concession rights at Greece's Piraeus port, far below the 4.3 billion euros that Piraeus had announced.
Investors were thrown off by the disparity in the deal value quoted by the two companies and the lack of details on the deal.

Offshore oil producer CNOOC, which fell to its lowest level since end-April on Wednesday, slid a further 3.3 percent as oil prices continued their decline in overnight trade after U.S. government data showed a sharp rise in U.S. gasoline inventories.
Oil refiner Sinopec Corp climbed 0.6 percent as lower oil prices will ease pressure on its refining margins.

Rival companies China Shenhua and China Coal Energy slid further on fears that the price regulation would spread to other parts of China. Shenhua was down 2.1 percent and China Coal gave up 3.3 percent.