Description: China Petroleum & Chemical ($SNP) Bull Case As energy sector wakes up, one of three largest Chinese oil conglomerates, SNP looks very attractive. The company is
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China Petroleum & Chemical Corporation (中国石油化工股份有限公司), or Sinopec Limited ( simplified Chinese : 中国石化 ; traditional Chinese : 中國石化 ; pinyin : Zhōngguó Shíhuà ), is a Chinese oil and gas company based in Beijing , China. It is listed in Hong Kong and also trades in Shanghai and New York.
Sinopec Limited's parent, Sinopec Group , is one of the major State Owned petroleum energy and chemicals companies in China , headquartered in Chaoyang District , Beijing . Sinopec's business includes oil and gas exploration, refining, and marketing; production and sales of petrochemicals , chemical fibers, chemical fertilizers, and other chemical products; storage and pipeline transportation of crude oil and natural gas; import, export and import/export agency business of crude oil, natural gas, refined oi
China , officially the People's Republic of China ( PRC ), is a sovereign state in East Asia . It is the world's most populous country , with a population of over 1.35 billion. The PRC is a one-party state governed by the Communist Party , with its seat of government in the capital city of Beijing . It exercises jurisdiction over 22 provinces ; five autonomous regions ; four direct-controlled municipalities (Beijing, Tianjin , Shanghai and Chongqing ); two mostly self-governing special administrative regi