Advertisement
Advertisement
Sinopec
Get more with myNEWS
A personalised news feed of stories that matter to you
Learn more

Sinopec bonds to raise 50b yuan to fund projects

Sinopec

Sinopec Corp, whose profits rose 11.9 per cent to 41.17 billion yuan (HK$50 billion) in the first half, said it planned to sell 50 billion yuan in domestic corporate and convertible bonds. Issued on the mainland, they will fund construction of its liquefied natural gas project in Shandong and upgrade several oil refinery projects.

Post