SINOPEC Shangai Petrochemical Company, Ltd. (SHI) News
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SHI News Highlights
- SHI's 30 day story count now stands at 8.
- Over the past 3 days, the trend for SHI's stories per day has been choppy and unclear. It has oscillated between 1 and 7.
- The most mentioned tickers in articles about SHI are DE.
Latest SHI News From Around the Web
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.
China Stocks With US Listings Slump as NYSE Exit Gathers Pace(Bloomberg) -- China’s state-owned enterprises that plan to delist from US stock exchanges slid on Monday, as investors expected more firms to follow suit amid an auditing spat between the two nations. Most Read from BloombergApple Targets Sept. 7 for iPhone 14 Launch in Flurry of New DevicesCovid’s Harmful Effects on the Brain Reverberate Years LaterBiden Called Cheney After Her Loss to Trump-Backed ChallengerAfter 2,240% Run, Tesla Visionary Leaves UK Fund Bleeding MoneyStock Market Plunge Pun |
Chinese Stocks Alert: Why Are BABA, PDD, JD, TCEHY Down Today?Chinese stocks are down across the board today after five of the largest state-owned companies in China announced plans to delist from U.S. exchanges. |
Five Chinese state-owned companies set to leave the New York Stock ExchangeYahoo Finance Live looks at several Chinese stocks reportedly scheduled to de-list from the NYSE. |
Five Chinese Companies Say They Plan to Delist From the New York Stock ExchangeFive Chinese state-owned companies said they intend to delist their American depositary shares from the New York Stock Exchange, as financial regulators in Beijing and Washington remain at loggerheads over U.S. audit requirements. In separate filings to Hong Kong’s stock exchange Friday, PetroChina , China Petroleum & Chemical , Aluminum Corp. of China , China Life Insurance Co , and Sinopec Shanghai Petrochemical Co said they have notified the NYSE that they plan to voluntarily delist their American depositary shares. |
Sinopec Shanghai Petrochemical Company Limited Announces Intention to Delist American Depositary Shares from the New York Stock Exchange and Intention to Deregister and Terminate Reporting ObligationsSinopec 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 |
Sinopec and PetroChina to Delist From NYSE. Alibaba Stock Slumps on Concern.PetroChina, Sinopec, and China Life Insurance, and two other China corporate giants said they will voluntarily give up their U.S. stock listings. |
Three Chinese corporate giants are leaving the New York Stock ExchangeThree state-owned Chinese corporate giants announced plans Friday to remove their shares from the New York Stock Exchange, adding to a growing financial separation between the biggest global economies in the midst of a dispute over scrutiny of company audits. |
Leading Chinese companies announce delisting plans from the NYSESeveral Chinese companies on Friday announced they would voluntarily delist from the New York Stock Exchange, a move that comes as they faced the prospect of being forcibly removed. |
Wave of Chinese companies including PetroChina and Sinopec say they will de-list from NYSEPetroChina , China Life Insurance , Sinopec and Aluminum Corp. of China have separately announced their intention to delist from the New York Stock Exchange, a unit of the Intercontinental Exchange . The dates vary but the last trading days are scheduled for late August and early September. The Securities and Exchange Commission had said in December that 273 stocks were at risk of delisting if they did not comply with rules including allowing audit inspections. |
UPDATE 4-Fire at Sinopec Shanghai Petchem plant kills oneA fire killed one person at a Sinopec Shanghai Petrochemical Co plant in Shanghai on Saturday, an accident that will not significantly affect the market, the company said. Roaring fire was seen engulfing part of a sprawling factory, emitting columns of thick black smoke, in a video posted on Twitter by the state-backed Shanghai Daily. The fire at one of China's biggest refining and petrochemicals plants started around 4 a.m. (2000 GMT on Friday) and had been brought under control by 9 a.m. but "was difficult to handle", state media Xinhua reported, citing fire officials. |