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InvestorPlace - Stock Market News, Stock Advice & Trading Tips Chinese electric vehicle (EV) companies have had a rough start to 2021. A myriad of issues combined with the general risk-off sentiment of the market has caused many of these stocks to selloff. NIO (NYSE: NIO ) is no ...
NIO has unique characteristics that make it a superior player in the EV sector. The company could find new avenues of monetization through BaaS and software licensing. NIO commands high valuation multiples and should continue to do so in the future. My price target for NIO is $174...
The main demand driver for the tank storage industry is the development of the (seaborne) transport volume of oil and oil products. There is a risk of declining demand for road fuels due to climate policy, improved engine efficiency and the adoption of electric vehicles. According...
While China’s oil refineries forge ahead with capacity expansion, many western-based refiners have retrenched. As China again hits the stimulus pedal, this year it is expected to officially surpass the U.S. as the world’s largest oil refiner according to the Internationa...
NEW YORK, NY / ACCESSWIRE / April 28, 2021 / Sinopec Shanghai Petrochemical Company Limited (the "Company") (HKEx:338)(SSE:600688)(NYSE:SHI) announced today that its Form 20-F for the fiscal year ended December 31, 2020, filed with the United States Securities and Exchange Commission on Apri...
NIO just finalized an agreement with Sinopec to build 5,000 battery swap stations. NIO has remarkable management with experience in the auto industry. NIO is differentiating its product much like Apple did in the past. For further details see: 3 Reasons NIO Is My Top EV ...
Sinopec Shanghai's net profit jumped by +135% YoY to RMB1,270 million in 4Q 2020, but this is line with market expectations, as the company's earnings were consistent with earlier guidance. Despite a challenging 2020, Sinopec Shanghai's full-year FY 2020 dividend per share only declin...
Sinopec Shanghai Petrochemical (SHI): FY GAAP EPS of RMB0.06.Revenue of RMB74.62B (-25.5% Y/Y)Press Release For further details see: Sinopec Shanghai Petrochemical reports FY 2020 results
HONG KONG / ACCESSWIRE / March 24, 2021 / Sinopec Shanghai Petrochemical Company Limited ("Shanghai Petrochemical" or the "Company", together with its subsidiaries known as the "Group") (HKEX:00338)(SSE:600688)(NYSE:SHI) today announced the annual results for the twelve months ended 31 Decem...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Electric vehicle manufacture Nio (NYSE: NIO ) stock is continuing last year’s explosive uptick for the company with the expansion of its newest technology. Source: Robert Way / Shutterstock.com The C...
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NEW YORK, NY / ACCESSWIRE / August 12, 2022 / Sinopec 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 i...
NEW YORK, NY / ACCESSWIRE / April 28, 2022 / Sinopec Shanghai Petrochemical Company Limited (the "Company") (HKEx:338)(SSE:600688) (NYSE:SHI) announced today that its Form 20-F for the fiscal year ended December 31, 2021, filed with the United States Securities and Exchange Commission on Apr...