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Hong Kong stocks edged higher in choppy trading early Friday, with Chinese property developers and banks leading the advance to offset a steep fall in shares of China Resources Power Holdings Co. The Hang Seng Index was up 0.2% at 23,249.82 and the Hang Seng China Enterprises Index gained 0.4% to 11,312.09. Shares of China Resources Power plunged 9.3% after the utility announced plans to acquire piped-gas distributor China Resources Gas Ltd. via a stock offer. China Resources Gas climbed 0.2%. The drop in the China Resources Power shares was countered by a 0.4% rebound in shares of China Overseas Land & Investment Ltd. and a 0.8% bounce for China Construction Bank Corp. from Thursday's losses. Refining giant China Petroleum & Chemical Corp., or Sinopec , gained 0.4% on reports China will increase motor fuel prices with effect from Friday. China's Shanghai Composite rose 0.5% after Thursday's fall in the wake of a higher-than-expected increase in April consumer prices.Copyright © 2013 M...
The chief of executive of Sinopec Daylight Energy, a Canadian unit of China Petrochemical Corp., has been charged with insider trading stemming from the acquisition ...
Asia's biggest bond offering in a decade was sold Thursday by China Petroleum & Chemical Corp., or Sinopec, as global investors continued to snap up the region's deb...
Asia's biggest bond offering in a decade was sold yesterday by China Petroleum & Chemical Corp. (SNP) as global investors' appetite for the region's debt picks up.Th...
China Petroleum & Chemical Corporation sold $3.5 billion in U.S. dollar bonds Thursday, according to a term sheet seen by Dow Jones Newswires.The RegS/144A deal, iss...
China Petroleum & Chemical Corp. (0386.HK) plans to price a U.S. dollar bond Thursday, according to a term sheet of the deal.The Rule 144A/Reg S issue from the compa...
Commodity trader Mercuria expects to draw up a shortlist of investors to buy 10 to 20 percent of the firm in four to six weeks and hopes a sale will be concluded by ...
Iceland's foreign minister signaled deeper cooperation with China on commerce and offshore exploration following the signing of the first free-trade pact between the...
China Petroleum & Chemical Corp. (0386.HK) is planning to sell a benchmark-sized U.S. dollar bond following a series of roadshows next week, a person familiar with t...
Most Asian stocks rallied Monday as news that Cyprus and its international lenders reached a bailout agreement removed fears of the nation's exit from the euro zone,...
Asian stocks rallied Monday as news that Cyprus and its international lenders reached a bailout agreement removed fears of the nation's exit from the euro zone, also...
Hong Kong stocks opened to strong gains Monday as reports that Cyprus and its international lenders have agreed on a bailout deal lifted investor spirits, with China...
China Petroleum and Chemical Corp (Sinopec Corp) <0386.HK> <600028.SS> has agreed to set up a joint venture with its parent company to buy $3 billion worth of oil an...
A unit of Sinopec Group and brokerage China Galaxy Securities are launching Hong Kong IPOs on Monday seeking to raise up to $3.5 billion in total, injecting life int...
Sinopec Engineering (Group) Co., a construction and engineering arm of oil giant China Petrochemical Corp. (SNP,0386.HK), plans to sell shares in a price range of 9 ...
Hedge fund TPG-Axon Capital has won nearly half the seats on SandRidge Energy Corp's board but faces an uphill battle to reverse the oil and gas company's slumping s...
China Petroleum & Chemical Corp.'s (SNP) first-quarter net profit rose 25% due to an improved refining business, it said Thursday.Net profit for the three months end...
Taiwan's government-controlled oil-and-gas producer said Thursday that it will buy a minority stake in an onshore natural-gas block in Myanmar from one of China's la...
CPC Corp., Taiwan's sole liquefied natural gas importer, said Thursday that it has agreed to acquire 30% of the rights to an onshore gas block in Myanmar from China ...
Stocks in Hong Kong rose Thursday, with financial and energy shares contributing to a gain for the equity benchmark. Hong Kong's Hang Seng Index rose 107 points, or ...
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