Date
22 August 2017

Sinopec group lifts stake in listed unit, filing says

China Petroleum & Chemical Corp (600028.CN, 00386.HK), commonly known as Sinopec, said in a regulatory filing Sunday that its parent Sinopec Group had increased its stake in the listed firm by buying a total of 173 million A-shares between Nov. 5, 2012 and Jan. 17, 2014 on the market. Based on Sinopec’s closing price on Friday, the additional stake is worth more than 800 million yuan (US$131.61 million). 

– Contact HKEJ [email protected]

TL/AC/RC

 

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