Lates News

According to the AI news from Every Economy, China International Capital Corporation released a research report on September 8th, giving China Petroleum & Chemical Corporation ("Sinopec", 600028.SH) a "Buy" rating. The main reasons for the rating include: 1) Resilience shown in exploration and development business, increasing production and cost reduction to hedge oil price fluctuations; 2) Decrease in crude oil processing volume, optimization and adjustment of product structure; 3) Slight reduction in capital expenditure, stable dividend policy. (Every Economic News)