HONG KONG (AFX-ASIA) Ð China’s Sinopec has been trading lower over the past week on continued consolidation, although its business prospect has remained strong, as evidenced by its production data for 2002, dealers said. A dealer from a local brokerage said Sinopect was consolidating from its recent gains, but its business prospects remain positive. “It’s…
CHINA: China’s Sinopec lower on consoldiation; outlook remains strong
Posted on January 27, 2003 by EnergyAsia