847.03BMarket Cap13.86P/E (TTM)
7.12High6.68Low5.25MlotVolume6.69Open6.66Pre Close3.60BTurnover0.55%Turnover Ratio14.00P/E (Static)121.70BShares7.1252wk High1.05P/B661.00BFloat Cap4.8052wk Low7.33Limit Up94.97BShs Float18.02Historical High5.99Limit Down6.61%Amplitude-2.79Historical Low0.35Dividend TTM6.85Avg Price2.28MlotAsk4.97%Div YieldTTM100Lot Size2.84MlotBid
China Petroleum & Chemical Corporation Stock Forum
Could we perhaps expect to see similar partnerships with EV charging infrastructure operators and traditional gas stations in the West?
$China Petroleum & Chemical Corporation (600028.SH)$ $SINOPEC CORP (00386.HK)$ $BYD Company Limited (002594.SZ)$ $BYD COMPANY (01211.HK)$ $XPENG-W (09868.HK)$ $XPeng (XPEV.US)$ $Tesla (TSLA.US)$
Chinese indices have been ripping higher the past 2 days. To put things in perspective, this is only the 2nd time in 2024 (and since Jan 2023) where we see the onshore indices post a bigger rally than the HSI.
1st Time (February 2024):CSI 300 was up by+10% while the HSI was up by only +7.7%
2nd Time (September 2024):CSI 300 up by+6.3% while the HSI was up by only +4.9%
So... what led to this sudden outperformance?
On 24th Septem...
Nio enters charging partnership with China's oil giant Sinopec
PPI -0.7% m/m, with a -0.6% input prices and producer prices for consumption goods remained at 0%.
The weaker PPI numbers are influenced by insufficient market demand and falling prices for certain international commodities, NBS said.
Month-on-Month Analysis:
PPI dropped by 0.7%, widening the decline by 0.5 percentage points compared to the previous month.
The prices of producer goods fell by 1.0%, with a 0.7 percentage point increase i...
$E-mini S&P 500 Futures(DEC4) (ESmain.US)$ (4 Hour Chart) -[BEARISH ↘ **]View remains unchanged as technical elements are still valid. We maintain our bearish bias as long as price holds below 5670 resistance, before pushing lower towards 5375 support. Stochastics indicator is reacting below resistance where price dropped in the past. Price is also holdin...
China's Sinopec Corp has struck a high flow of oil and gas in an offshore exploration well in the Beibu Gulf of the South China Sea,
For resource stocks, $CHALCO (02600.HK)$ declined 3.6%, while $GANFENGLITHIUM (01772.HK)$ and $TIANQI LITHIUM (09696.HK)$ crumple...
The manufacturing sector rises 17.4y/y 0.613 tln yuan
The electricity, heating, gas, and water supply sector +63.1% to 112.5 billion yuan.
$China Mobile Limited (600941.SH)$ $CHINA MOBILE (00941.HK)$ $CNOOC (00883.HK)$ $China Petroleum & Chemical Corporation (600028.SH)$ $SH ELECTRIC (02727.HK)$ $Hang Seng Index (800000.HK)$ $Hang Seng China Enterprises Index (800100.HK)$
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