China Petroleum & Chemical Corp (SNP.N)
7 Mar 2014
|Market Cap (Mil.):||$102,702.40|
|Shares Outstanding (Mil.):||1,165.65|
SHANGHAI, March 8 - Asia's top oil refiner Sinopec Corp said the upcoming sale of its lucraticve retail oil business will be open to foreign investors as well as domestic companies, state news agency Xinhua said.
HONG KONG, March 7 - Strength in Sinopec Corp lifted Hong Kong-listings of China firms on Friday, trimming their weekly losses, on hopes that the Chinese oil giant's proposed sale of a stake in its retail business will attract private international investors.
* Sinopec's crude imports in 2013 estimated at near $150 bln
BEIJING - China's decision last month to sell a stake in a subsidiary of Sinopec Corp signals more privatization of its bloated state-owned sector will take place soon, with plans likely to be discussed at this week's parliament session, officials and experts said.
BEIJING, March 4 - China's decision last month to sell a stake in a subsidiary of Sinopec Corp signals more privatisation of its bloated state-owned sector will take place soon, with plans likely to be discussed at this week's parliament session, officials and experts said.
HONG KONG, March 3 - Shanghai shares had a fourth-straight daily gain on Monday, outshining most Asian markets, with Sinopec and PetroChina firmer on hopes that coming parliamentary meetings will yield more progress on state-owned enterprises reform.
HONG KONG, Feb 27 - Chinese state oil giant Sinopec outperformed a sluggish mainland stock market on Thursday, after Beijing increased fuel prices and hopes remained that a coming annual parliamentary session will push ahead reforms in state-run enterprises.
HONG KONG, Feb 26 - China shares ended a four-day losing streak, as gains by oil giant Sinopec offset losses for financials as the yuan again fell below the official fix on Wednesday, stoking jitters about what might come from next week's annual parliamentary meetings.
HONG KONG, Feb 20 - Shanghai shares slipped from a two-month high on Thursday, as a weak private survey of February manufacturing activity outweighed robust gains for Sinopec Corp stemming from the first signs of reform at a state-owned enterprise.