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Sinopec Establishes 5 Billion Yuan Hydrogen-Focused Venture Capital Fund

by Market News Board
3 days ago
in Commodities, Crypto, Economy News, Gold, Market Overview, Oil, Silver
Shandong Gold Takes 86.2 Million Yuan Asset Impairment Charge for 2024
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Hong Kong S.E.



11:59:58 2025-05-29 pm EDT

5-day change 1st Jan Change

4.250 HKD

-0.47% +2.41% -4.49%

Published on 05/30/2025 at 00:42

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Sinopec Establishes 5 Billion Yuan Hydrogen-Focused Venture Capital Fund


12:42am

MT

Sinopec sets up $690 million hydrogen-energy-focused venture capital fund


May. 29

RE

Sinopec, CATL to Introduce 10,000 EV Battery Swap Stations


May. 26

MT

Sinopec Shanghai Petrochemical Enters Steam Supply Contract


May. 23

MT

China Petroleum & Chemical’s Affiliate Sells Exchangeable Bonds Backed By Company’s H Shares


May. 20

MT

China Petroleum & Chemical’s Controlling Shareholder Boosts Shareholding


May. 15

MT

China Petroleum & Chemical Corporation Sets New Vertical Well Depth Record of 5,300 Meters


May. 14

CI

Sinopec Controlling Shareholder to Issue HK$7.75 Billion Exchangeable Bonds


May. 13

MT

CATL to launch at least $4 billion Hong Kong listing on Monday, sources say


May. 11

RE

Contemporary Amperex Technology Co., Limited announced that it has received $2.628 billion in funding from a group of investors


May. 10

CI

China Petroleum & Chemical Corporation Announces Resignation of Yu Baocai as Executive Director and Senior Vice President, Effective April 30, 2025


Apr. 30

CI

China’s Top Oil Companies Flag Weak Demand, Lower Crude Prices — Update


Apr. 29

DJ

Sinopec to Inject 2 Billion Yuan Capital into Subsidiary for Hydrogen Energy Fund


Apr. 29

MT

Sinopec, Unit Signs JV Deal With Saudi Aramco Subsidiary


Apr. 29

MT

Sinopec Q1 Profit Down 28%, Revenue Slips 7%


Apr. 28

MT

Sinopec’s First-Quarter Net Profit Fell on Lower Sales


Apr. 28

DJ

Sinopec’s quarterly net income falls 28% on slower fuel sales


Apr. 28

RE

The bulls are hanging on!


Apr. 28
Our Logo

China Petroleum & Chemical Corporation Reports Earnings Results for the First Quarter Ended March 31, 2025


Apr. 28

CI

China Petroleum & Chemical Corporation, Fpcl and Aas Enter into the Joint Venture Agreement


Apr. 28

CI

Sinopec Capital Co., Ltd. announced that it expects to receive CNY 1.99 billion in funding from China Petrochemical Corporation, China Petroleum & Chemical Corporation


Apr. 27

CI

Sinopec Restarts Purchases of Russian Oil After Pause Amid US Sanctions Risk


Apr. 24

MT

Sinopec, Aramco to Expand Joint Venture’s Petrochemical Complex


Apr. 11

MT

Sinopec, CNOOC Resell US LNG Amid Tariff Hikes


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Sinopec Controlling Shareholder to Boost Stake; Shanghai Shares Rise 5%


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Chart China Petroleum & Chemical Corporation

386: Dynamic Chart

Logo China Petroleum & Chemical Corporation

China Petroleum & Chemical Corporation specializes in the refining and distribution of oil products. Net sales break down by activity as follows:
- distribution of oil products (49.9%): 198.3 million tons of oil products (essence, diesel and distillate products) sold in 2018. At the end of 2018, the group has a network of 30,661 service stations located in China;
- petrochemistry (16.4%): ethylene, resin, polymer, urea, etc.;
- crude oil refining (5.3%): 244 million tons refined;
- exploration and production (3.6%): 288 million barrels of crude oil and 27.6 billion m3 of natural gas produced;
- other (24.8%).

More about the company

Sell

Consensus

Buy

Average target price

4.346CNY

Spread / Average Target

+11.04%

Consensus

Quarterly revenue – Rate of surprise

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