Sinopec sets a record

Article Abstract:

China Petroleum & Chemical Corp. (Sinopec) has raised $1.43 bil through an issue of 2.8 billion Class A shares denominated in local currency and available only to Chinese investors. PetroChina Ltd. and other Chinese firms, which have foreign listings, are seeking permission for domestic stock listings, since domestic capital can be obtained more cheaply than foreign capital.

PETROLEUM AND COAL PRODUCTS, Petroleum, Petroleum and Coal Products Manufacturing, Securities issued, listed, Petroleum industry

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Sinopec aims to raise up to $4.12 billion through IPO

Article Abstract:

China Petroleum and Chemical Corp. (Sinopec) is hoping to raise as much as HK$32.22 billion (US$4.12 billion) in its initial public offering (IPO). The IPO is being launched as concerns arise over high crude oil prices.

Organizational history

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Sinopec, touting IPO plans, had investment in Sudan

Article Abstract:

China Petroleum and Chemical Corp. (Sinopec) had, until June 2000, maintained a business investment in the Sudan. The company is hoping to raise up to $3.5 billion in an initial public offering (IPO).

Strategy & planning, Investments, Sudan

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