(EnergyAsia, February 13 2013, Wednesday) — China Petroleum & Chemical Corp or Sinopec said it plans to sell 2.845 billion shares in Hong Kong to raise HK$23.97 billion to expand production capacity. (US$1=HK$7.75). Asia’s biggest refiner, which trades on the stock exchanges of Hong Kong, Shanghai, New York and London, is beefing up its global…
CHINA: Sinopec aims to raise HK$24 billion through sale of new shares
Posted on February 13, 2013 by EnergyAsia