JP Morgan downgraded Shanghai Petrochemical from Neutral to Underweight
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 6/28/2022 | Overweight → Equal-Weight | Morgan Stanley | |
| 4/19/2022 | Neutral → Underweight | JP Morgan | |
| 9/27/2021 | Neutral | JP Morgan |
NEW YORK, NY / ACCESSWIRE / August 12, 2022 / Sinopec Shanghai Petrochemical Company Limited (the "Company") (NYSE:SHI) (HKEX:00338) (SSE:600688) announced today that the Company notified the New York Stock Exchange (the "NYSE") on 12 August 2022 (eastern time of the United States) that it intends to voluntarily delist its American depositary shares (the "ADSs") representing Class H ordinary shares of the Company (the "H Shares") from the NYSE (the "Delisting") and, when the legal conditions are met, terminate its registration of such ADSs and the reporting obligations under the United States Securities Exchange Act of 1934, as amended (the "Exchange Act").The decision of the Delisting is ba
NEW YORK, NY / ACCESSWIRE / April 28, 2022 / Sinopec Shanghai Petrochemical Company Limited (the "Company") (HKEx:338)(SSE:600688) (NYSE:SHI) announced today that its Form 20-F for the fiscal year ended December 31, 2021, filed with the United States Securities and Exchange Commission on April 28, 2022, has been posted to the Company's website at http://spc.sinopec.com/spc/en/investor/com_notice/. The soft copy of the Company's annual report on Form 20-F could also be downloaded through its website.The Company will deliver within a reasonable time after request a hard copy of its 2021 annual report on Form 20-F, including its complete audited consolidated financial statements, free of charge
BEIJING, CHINA / ACCESSWIRE / August 29, 2021 / China Petroleum & Chemical Corporation ("Sinopec Corp." or the "Company") (HKEX:386)(SSE:600028)(NYSE:SNP) today announced its interim results for the six months ended 30 June 2021.Financial HighlightsIn accordance with IFRS, the Company's turnover and other operating revenues in the first half of 2021 were RMB 1.26 trillion, surged by 22.1% year on year. Profit attributable to equity shareholders of the Company was RMB 40.0 billion. Basic earnings per share were RMB 0.330. Both were greatly improved and better than pre-pandemic level. The Company's liability-to-asset ratio as of 30 June 2021 was 51.09%, maintaining a sound financial position.F
6-K - SINOPEC SHANGHAI PETROCHEMICAL CO LTD (0000908732) (Filer)
6-K - SINOPEC SHANGHAI PETROCHEMICAL CO LTD (0000908732) (Filer)
6-K - SINOPEC SHANGHAI PETROCHEMICAL CO LTD (0000908732) (Filer)
Morgan Stanley downgraded Shanghai Petrochemical from Overweight to Equal-Weight
JP Morgan downgraded Shanghai Petrochemical from Neutral to Underweight
JP Morgan initiated coverage of Shanghai Petrochemical with a rating of Neutral
SC 13G/A - SINOPEC SHANGHAI PETROCHEMICAL CO LTD (0000908732) (Subject)
SC 13G - SINOPEC SHANGHAI PETROCHEMICAL CO LTD (0000908732) (Subject)
BEIJING, CHINA / ACCESSWIRE / August 29, 2021 / China Petroleum & Chemical Corporation ("Sinopec Corp." or the "Company") (HKEX:386)(SSE:600028)(NYSE:SNP) today announced its interim results for the six months ended 30 June 2021.Financial HighlightsIn accordance with IFRS, the Company's turnover and other operating revenues in the first half of 2021 were RMB 1.26 trillion, surged by 22.1% year on year. Profit attributable to equity shareholders of the Company was RMB 40.0 billion. Basic earnings per share were RMB 0.330. Both were greatly improved and better than pre-pandemic level. The Company's liability-to-asset ratio as of 30 June 2021 was 51.09%, maintaining a sound financial position.F
HONG KONG / ACCESSWIRE / March 24, 2021 / Sinopec Shanghai Petrochemical Company Limited ("Shanghai Petrochemical" or the "Company", together with its subsidiaries known as the "Group") (HKEX:00338)(SSE:600688)(NYSE:SHI) today announced the annual results for the twelve months ended 31 December 2020 (the "Period"). Given the global COVID-19 pandemic spread, a short-term historical plunge in international oil price and a sharp fall in market demand in 2020, The Group adhered closely to the grand principle of seeking progress while maintaining stability. The Group sought to ensure "Six-Sphere Stability" and "Six-Sphere Guarantees", and strove for the resumption of works and production at the