BlackRock sold 6.616 million H shares of China Petroleum & Chemical (00386.HK) with a value of about HK$31.3949 million
On May 2, it was reported that according to documents disclosed by the Hong Kong Stock Exchange on May 2, BlackRock, Inc. (BlackRock, Inc.) sold $6.616 million H shares at an average price of HK$4.7453 per share on April 26, worth approximately HK$31.3949 million. After the sale, BlackRock's latest shareholding was 1.706 billion shares, and the good position ratio dropped from 7.03% to 6.99%. Photo Source: Stock Exchange Equity Disclosure What is equity disclosure? According to the requirements of the Hong Kong Stock Exchange, major shareholders (individuals holding 5% or more of the shares
CITIC Securities released a research report stating that for the first time, it covered Sinopec Guande (00934.HK) to give a “buy” rating and predicts that net profit from 2024 to 2026 will reach 1.37 billion, 1.46 billion yuan and 1.46 billion yuan, with
CITIC Securities released a research report stating that for the first time, it covered Sinopec Guande (00934.HK) to give a “buy” rating and predicts that net profit from 2024 to 2026 will reach 1.37 billion, 1.46 billion yuan and 1.46 billion yuan, with lower current valuation levels of HK$6.2. The bank pointed out that the company is a petrochemical warehousing and logistics company under Sinopec (00386.HK), which owns several crude oil terminals and petrochemical storage assets in mainland China. The revenue and profit performance of various businesses is relatively stable, and it is expected that future profits will rise steadily as it gradually divests its non-performing assets. In addition, Sinopec Guande's cash-sufficient business is also growing steadily.
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