Private capital

PetroChina, Sinopec to seek private capital

PetroChina says more competition is being encouraged in the oil and gas industry. Photo: Reuters

PetroChina and Sinopec, the mainland's duopoly onshore oil and gas giants, will pursue capital investment from the private sector, the state-backed firms' chiefs said yesterday.

Their gas-related businesses will be a key area for co-operation, they said.

Thursday, 6 March, 2014, 12:33am

Private capital to continue to play a big role this year

Another block of apartments goes up in Beijing, where property prices continue to rise. Photo: Reuters

The private real estate capital markets experienced stronger momentum than their public counterparts last year, owing to the limited windows of opportunity for equity issuance and relatively low pricing offered by the public markets.

5 Mar 2014 - 3:32am