Showing posts with label Hong Kong Stock Exchange. Show all posts
Showing posts with label Hong Kong Stock Exchange. Show all posts

Wednesday, December 7, 2011

Monday, August 29, 2011

Sinopec shares jump 5% on better-than-expected earnings

Shares of China Petroleum & Chemical Corp (Sinopec) jumped at the Hong Kong Stock Exchange after the company reported better-than-expected earnings.

Sinopec's shares closed 6.6% higher on Monday after it reported a net profit of 41.2bn yuan ($6.4bn; £3.9bn) for the first six months of the year.