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  • September 24, 2014
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  1. Business - Money - MARKETS

    More share placements may put pressure on Hong Kong market

    Posted Feb 06th 2013, 12:00am by Jeanny Yu

    ... by state-owned oil giant Sinopec only made it worse in Hong Kong, where stocks fell the most in the region. "Sinopec's placement was not a small one and should there be another offering of similar size, a big sell-off could occur, especially when the market is in a correction mood," Ben Kwong, the chief operating officer at KGI Asia, said. Sinopec lost 6.4 per cent to close ...

  2. Property counters suffer as rate concerns deepen

    Posted Mar 30th 2005, 12:00am by Staff Reporter

    ... (Sinopec) dropped 1.57 per cent to $3.125 despite reporting record full-year earnings on Monday. 'Sinopec's earnings were good and at the upper end of expectations, but these days you need ...

  3. Hopes for growth offset worries over terrorism

    Posted Sep 01st 2004, 12:00am by Staff Reporter

    ... earnings and expectations of strong demand for commodity products, H-share firms such as Sinopec Beijing Yanhua Petrochemical, Sinopec Shanghai Petrochemical and Maanshan Iron rose nearly 2 per ...

  4. Potential offer lifts China Gas

    Posted Nov 15th 2011, 12:00am

    ... Exchanges and Clearing, Liu is the biggest shareholder, with a 13.43 per cent interest, followed by Sinopec, with 9.92 per cent, India's Gail, with 8.55 per cent, Oman Oil, 7.66 per cent, ...

  5. H-share index falls 1.1pc before reshuffle

    Posted Mar 06th 2004, 12:00am by Staff Reporter

    ... back in line with the broader market. Among those that will see their weightings in the index cut from Monday, Huaneng Power fell 3.09 per cent yesterday and Sinopec gave up 0.76 per cent. ...

  6. Business - Money

    Market Open: Hang Seng to consolidate after property curbs

    Posted Oct 29th 2012, 02:38pm by Jeanny Yu

    ... exceed market estimate of 10.8 billion yuan in a Reuters poll. Sinopec (0386.HK) The refining giant said net profit for the three months ended September fell to 18.3 billion yuan from 20.2 ...

  7. Stocks take a pounding on interest-rate worries

    Posted Oct 13th 2005, 12:00am by Staff Reporter

    ... and refiner Sinopec Zhenhai, up 1.16 per cent, ending the day at $8.70. The market widely expects the US Federal Reserve to continue to raise interest rates at its next meeting on November 1, ...

  8. HSI in holding pattern as rates outlook blurs

    Posted Sep 10th 2005, 12:00am by Staff Reporter

    ... CNOOC and Sinopec rose after Goldman Sachs said in a report that the stocks were among its top picks in the Asian energy industry. The investment bank said it expects the oil stocks to have strong earnings growth in the next two years amid rising oil prices. CNOOC ended 0.93 per cent higher at $5.45 while Sinopec gained 0.71 per cent to $3.525. Bigger rival PetroChina finished ...

  9. Players cash out before Lunar New Year break

    Posted Jan 17th 2004, 12:00am by Staff Reporter

    ... despite recent brokerage upgrades on higher crude and petrochemical prices. Sinopec Yizheng Chemical Fibre plunged 12 per cent to $1.69, Sinopec Zhenhai Refining and Chemical fell 5.11 per cent ...

  10. HSBC, property plays lift market cap to $10 trillion

    Posted May 04th 2006, 12:00am by Staff Reporter

    ... with CNOOC edging up 0.78 per cent to $6.45, Sinopec rising 2.97 per cent to $5.20 and PetroChina climbing 2.26 per cent to $9.05. Oil prices hit US$74.82 a barrel yesterday, the second straight day that it stayed above US$74. Driven by the gains of heavyweights Sinopec and PetroChina, the H-share index rose 92.72 points or 1.32 per cent to end the day at 7,100.88. Gold stocks were another sector ...




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