SINOPEC Shangai Petrochemical Company, Ltd. (SHI) News
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Below are the latest news stories about Sinopec Shanghai Petrochemical Co Ltd that investors may wish to consider to help them evaluate SHI as an investment opportunity.
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NIO Inc. (NYSE: NIO ) held to its mid-April schedule for announcing a strategic partnership agreement with Chinese oil giant Sinopec Shanghai Petrochemical Company Limited (NYSE: SHI ). Rumors of a potential partnership began circulating after Sinopec's Chairman Zhang Yuzhuo visited one of Nio's battery swap stations during the Chinese New Year holiday in mid-February. A ‘Win-Win' Tie-Up: Nio and Sinopec jointly unveiled Nio's Power Swap Station 2.0 at the latter's Chaoying gas filling station in Beijing. The partnership will foster the Chinese smart EV industry and help hit permissible carbon emissions norms and achieve carbon neutrality, according to the companies. Sinopec is an integrated oil company, the biggest in China, with both upstream and downstream operations. It also has the...
Shanghai Petrochemical Announces 2020 Annual Results Operation Further Optimized and Company Competitiveness Leapfrogged
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.
Sinopec Shanghai Petrochemical (NYSE:SHI) and Avient (NYSE:AVNT) are both mid-cap basic materials companies, but which is the better business? We will contrast the two companies based on the strength of their institutional ownership, earnings, analyst recommendations, risk, profitability, dividends and valuation. Dividends Sinopec Shanghai Petrochemical pays an annual dividend of $1.47 per share and has […]
Avient (NYSE:AVNT) and Sinopec Shanghai Petrochemical (NYSE:SHI) are both mid-cap basic materials companies, but which is the better investment? We will compare the two businesses based on the strength of their dividends, earnings, valuation, institutional ownership, risk, profitability and analyst recommendations. Earnings and Valuation This table compares Avient and Sinopec Shanghai Petrochemical’s revenue, earnings per […]
The first two quarters of the year have bee brutal for oil and gas companies, with Saudi and Chinese entities now joining the long list of oil and gas companies that have seen earnings plunge