Dossier
Sinopec
Coverage of Sinopec in the Nexus archive.
- China April Auto Sales Drop as War Hits Demand for Gasoline Cars
China's auto sales dropped in April due to decreased demand for gasoline cars, impacted by war. The country has been stockpiling oil to guard against supply disruptions. China purchased more crude in the first two months of the year.
- Sinopec’s First-Quarter Profit Rises Amid Higher Oil Prices
Sinopec reported increased first-quarter profits driven by higher oil prices. The company's oil storage facilities near Ningbo, China, were highlighted in the report.
- Sinopec Cuts CATL Stake in Half After 180% Post-Listing Rally
Sinopec has reduced its stake in Contemporary Amperex Technology Co. Ltd. (CATL) by half following a 180% surge in CATL's stock price after its initial public offering. The article mentions a Shenxing III battery mock-up displayed at CATL's Tech Day in Beijing.