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Stock Market & Financial Investment News

News Breaks
March 24, 2014
07:44 EDTSNPSinopec 'embraces reform' amid China private capital push, Bloomberg says
Sinopec said it will push ahead this year with a government-driven agenda to open up state-controlled industries, as China’s energy companies search for private capital, according to Bloomberg, citing a statement from the company's chairman Fu Chengyu. Sinopec's Chengyu said, “In 2014, the company expects to make significant advances in its development by fully embracing reform, leading to corporate transformation, organizational vigor and stronger corporate values." Reference Link
News For SNP From The Last 14 Days
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September 16, 2014
09:59 EDTSNPOn The Fly: Analyst Downgrade Summary
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07:50 EDTSNPSinopec downgraded to Market Perform from Outperform at Bernstein
Bernstein downgraded Sinopec as the firm was disappointed by the price the company received for its Marketing Co subsidiary. The firm also thinks that Sinopec's decision to acquire the petrochemical assets of Yizheng Company is misguided.
September 15, 2014
09:59 EDTSNPOn The Fly: Analyst Upgrade Summary
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09:24 EDTSNPSinopec upgraded to Hold from Underperform at Jefferies
September 14, 2014
21:37 EDTSNPSinopec sells RMB107B stake in Marketing Co subsidiary
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