Cnooc Rallies as ADRs Post Biggest Gain in 2012

Cnooc Rallies as ADRs Post Biggest Gain in 2012

Doug Kanter/Bloomberg

The Bloomberg China-US Equity Index of the most-traded Chinese shares in the U.S. jumped yesterday the most since Dec. 2. Aluminum Corp. of China Ltd., the nation’s largest maker of the metal, rallied the most since May, and oil explorer Cnooc Ltd. climbed to a one-month high as commodities posted the longest run of weekly gains since 2010.