CHINA'S OIL&GAS REFORMS
SHANGHAIDAILY - SHARES of China National Petroleum Corp and Sinopec rebounded during the week on reforms that are set to transform the two oil and gas giants into more competitive and market-focused entities.
Shanghai-listed CNPC gained over the four trading days to close at 8.36 yuan (US$1.2) yesterday, 5.16 percent higher than on the last trading day of 2016, while China Petroleum and Chemical Corp, or Sinopec, ended 8.5 percent higher at 5.87 yuan — its largest weekly growth for nearly one and half years.
Log in to read the publication.
An authorized user gets access to four FREE publications per month.
You can also buy a full access to all publications of the site since January 2014.