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Business - Comment - MONEY MATTERS
Sinopec asset plan shows Hong Kong regulators are as meek as ever
Posted Feb 16th 2013, 12:00am by Shirley Yam
... to apply in the future. On January 31, The Wall Street Journal reported that the Hong Kong-listed company, also known as Sinopec, would buy upstream oil and gas assets from its state-owned parent, ...
http://www.scmp.com/business/article/1151263/sinopec-asset-plan-shows-hong-kong-regulators-are-meek-ever -
Business - Companies - PLACEMENTS
Sinopec tumbles on surprise sale of HK$24b shares at huge discount
Posted Feb 05th 2013, 11:57am by Eric Ng
... Business Companies Sinopec Eric Ng eric.mpng@scmp.com Stock drops 6.4 per cent after the oil-refining giant upsets the market by selling HK$24 billion of shares to select investors at a big discount China Petroleum & Chemical (Sinopec) saw its share price fall 6.4 per cent yesterday after it announced a surprise HK$24 billion sale of shares to a small number of select ...
http://www.scmp.com/business/money/article/1143647/sinopec-sell-us31b-new-stock-shares-fall -
Stimulus slows fall in earnings at state firms
Posted Sep 19th 2009, 12:00am by Martin Zhou
... including powerhouses such as Sinopec and China Mobile, saw a below-average 13.8 per cent year-on-year decline in profit, totalling 630.1 billion yuan, in the first eight months. ...
http://beta.scmp.com/article/692913/stimulus-slows-fall-earnings-state-firms -
Sinopec slashes spending as cash inflows dwindle
Posted Aug 27th 2008, 12:00am by Eric Ng
... Sinopec Eric Ng 8.2b yuan cut off capacity expansion China Petroleum & Chemical Corp (Sinopec) is scaling back its capital expenditure this year after hefty refining losses caused net cash inflows to dwindle, forcing it to cancel and cut back ...
http://beta.scmp.com/article/650392/sinopec-slashes-spending-cash-inflows-dwindle -
Refiners tumble on expected end to tax rebates
Posted Jul 04th 2008, 12:00am by Eric Ng
... Sinopec Eric Ng Shares in mainland oil refiners fell yesterday on speculation Beijing will from this month stop giving value-added-tax rebates on crude oil imports to China Petroleum & Chemical Corp (Sinopec) and PetroChina. Analysts said ...
http://beta.scmp.com/article/643965/refiners-tumble-expected-end-tax-rebates -
Freed from Ethiopian hostage ordeal, miners return to Beijing
Posted May 03rd 2007, 12:00am by Staff Reporter
... and Chemical Corp (Sinopec), killing nine mainlanders and 65 Ethiopians. Wang Shengwen , head of a Sinopec team sent to Ethiopia to rescue the workers, said their release was due to the help ...
http://beta.scmp.com/article/591351/freed-ethiopian-hostage-ordeal-miners-return-beijing -
Business - Companies - LISTINGS
Sinopec spin-off touts edge through efficiency push
Posted May 10th 2013, 12:00am by Ray Chan
... growth models as some advanced technologies may be obtained through overseas acquisitions. "The listing of Sinopec Engineering will propel our efficiency and competitiveness in the global ...
http://www.scmp.com/business/companies/article/1234102/sinopec-spin-seeks-efficiency-gains -
Business - Companies - ENERGY
Sinopec unit raises HK$2.7b to boost overseas operations
Posted May 03rd 2013, 11:31am by Eric Ng
... Business Companies Sinopec Kantons Sinopec Eric Ng eric.mpng@scmp.com Sale of new shares will generate cash to bolster Sinopec Kantons' overseas operations and tie in with the national goal of energy security Sinopec Kantons is raising HK$2.68 billion by selling new shares to help fund fuel storage and logistics projects overseas, as part of China's efforts to build ...
http://www.scmp.com/business/money/market-snapshot/article/1229045/sinopec-kantons-prices-shares-hk650-each-raise-hk27b -
Business - Companies - DEBT
Sinopec bond issue taps market for US$3.5b
Posted Apr 20th 2013, 12:00am by Eric Ng
... Business Companies Sinopec Bond Eric Ng eric.mpng@scmp.com China Petroleum & Chemical (Sinopec), the second-largest oil and gas producer on the mainland, has raised US$3.5 billion from the third-biggest bond offering in Asia, excluding Japan, since 1995. Sinopec, which was also the world's second-largest crude oil refiner by throughput last year, said in a statement to the Hong Kong ...
http://www.scmp.com/business/companies/article/1218746/sinopec-bond-issue-taps-market-us35b -
Business - Companies - EARNINGS
Sinopec sticks to overseas buying strategy
Posted Mar 26th 2013, 12:00am by Eric Ng
... Business Companies Commodities Sinopec Earnings Eric Ng eric.mpng@scmp.com Oil and gas giant will continue to acquire overseas assets from parent to boost income as domestic fuel price controls squeeze profits China Petroleum & Chemical (Sinopec) will continue to buy its parent's overseas assets to boost earnings after domestic fuel price controls stymied its ...
http://www.scmp.com/business/companies/article/1199793/sinopec-sticks-buying-strategy
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