China Petroleum & Chemical Corporation (0386.HK) Stock Price

China Petroleum & Chemical Corporation, known as Sinopec Corp., is a Chinese energy and chemical company that runs upstream, midstream and downstream operations together. According to its corporate introduction, it was incorporated in February 2000 by China Petrochemical Corporation (Sinopec Group) as the sole initiator under the Company Law of the People's Republic of China. Its H shares began trading in Hong Kong in October 2000 and its A shares on the Shanghai Stock Exchange in August 2001.

Its principal operations are the exploration, production, pipeline transportation and sale of petroleum and natural gas; the production, sale, storage and transportation of refinery, petrochemical and coal chemical products, synthetic fibre and other chemicals; the import and export of petroleum, natural gas, petroleum products and chemicals; and research, development and application of technologies. The company says it uses a management system built on centralized decision-making and specialized business units, and its business assets and principal markets are located in the east, south and middle parts of China. Its parent and main shareholder is Sinopec Group, which the State incorporated in 1998.

Those following Sinopec stock usually watch crude oil and natural gas prices, refining margins, fuel and chemical demand in China and regulatory decisions. The shares trade on the Hong Kong exchange under the code 0386, quoted in Hong Kong dollars. On the Lzzo.com Sinopec page, the price of the Hong Kong-listed shares appears with its observation time, together with a price history chart and technical indicators.