SINOPEC Shangai Petrochemical Company, Ltd. (SHI) Social Stream

SINOPEC Shangai Petrochemical Company, Ltd. (SHI): $26.62

0.40 (+1.53%)

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Industry: Chemicals


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Featured Post From StockTwits About SHI

$SHI reports Earnings today. Wow this is a big change! $SHI's price moved above its 50-day Moving Average on April 8, 2021. View odds for this and other indicators:
tickeron, published April 29, 2021

What Else are SHI Traders Talking About?

Other tickers frequently mentioned alongside SHI is NIO.

Other Notable StockTweets About SHI

$SHI Form IRANNOTICE (notice of disclosure filed pursuant to section 219 of the iran threat reduction and syria human rights act of 2012 (exchange act section 13(r)).) filed with the SEC

Newsfilter, published April 28, 2021

$NIO rolls out their 100K vehicle - less than 3 years to achieve this milestone.

The avg selling price of a Nio vehicle is currently 428,00 yuan ($65,410), positioning it well into the premium segment.

Nio's product portfolio now includes 3 SUVs, namely the ES8, ES6 & EC6.

Founder, Chairman & CEO William Li reportedly said in a media event that the company commands 50% of high-end EV market. Li also expressed confidence in achieving 1M volume sales in China.

Li reportedly said chip crunch could force the company to trim monthly production to 7,500 vehicles from the current capacity of 10,000 vehicles per month.

Nio is also working on its 4th vehicle model, a sedan named ET7 (1K km range), which is likely to be launched in the 1Q22. Nio has hinted that preorders have exceeded f/casts (higher than prev models preorders)

Local media speculates the company could announce by mid-April a tie-up with $SHI to set up its batter swap facilities at the latter's gas filling stations.

Ro_Patel, published April 7, 2021

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