Saturday, January 22, 2011

7 subsidiary of Sinopec is about to change or sell shares of Shell.

<P> Day, 7 Sinopec's subsidiary companies also announced suspension. .It is understood that this is the second this month another three subsidiaries of Sinopec - S on the petrochemical, S and S meter of drilling at the same time into the river again after the share reform program of collective action. .Before this, the China Petrochemical executives have boasted, in the future integration of its sub-listed company will introduce new ideas, in addition to privatization, the shell does not rule out selling the asset exchange, etc.. .This time, shares in the above three subsidiaries were not changed, there was also suspended for 7 shijiazi listed companies, market speculation that China might take to sell Shell petrochemical operations. .</ P> <P> holding between the different It is understood that the suspension while the 7 listed companies are S Dan Lianhua, S-Thai Oil, S Wu oil, S Lu Yun, S Yue Hing Cheung, S of Beijing .II and S River Beautiful. .Among them, Dan Lianhua, S Wu S Thai oil and petrochemical oil directly controlled by China, S Lu Yun indirectly controlled by Sinopec. .In addition, S Yue Xing-long length of the largest shareholder of Hunan Lian Hing Cheung equity interest is held 27.95%, S Chuan Mei Fung is the largest shareholder of China, Chengdu Sichuan Oil and Gas Exploration and Development Corporation holds 18.33% equity interest, two .caught is the wholly owned subsidiary of Sinopec Group. .S of two in Beijing, Sinopec Yanshan Petrochemical Group, a wholly owned subsidiary after the acquisition of indirect control of Eastern Petrochemical 58.1% of the shares. .</ P> <P> cash may be excluded from Guoxin Securities analyst Chen Aihua that the petrochemical industry, seven subsidiaries also suspended, suggesting integrate Sinopec Department has started the last big move. .Although the seven company-specific integrated approach is still uncertain, but you can rule out the possibility of cash. .For S, petrochemical, S and S Jiang drilling apparatus of these suspensions did not enter the list, Chen Aihua analysis may change with them from the last unit of less than 1-month limit on. ."This is a collective suspension 7 companies only two possibilities: First, the share reform; the second is to sell shell." Zhang Hong in mind that the senior market. .Reporters from the side confirmed the speculation. .One from the investment banking department of CITIC Securities, the person in charge, said in an interview that the company is now the 7 companies sponsor some of the company, it is not convenient to disclose the information. ."In general, the listed companies need to recruit sponsors, there are two possibilities, one is the share reform, and the other is the company involved in major restructuring, including of course to sell shell." Zhang Hong Kee analysis. .</ P> <P> 10 companies have left, "disposable" "The suspension of the 7 companies should share the final fate of the reform or restructuring, and re-sell a large sense, refers to the shell. While Sinopec is not suspended .three petrochemical companies on the S, S and S Jiang Yihua, or will continue to share reform drilling. I think the restructuring of Sinopec's shares no major impact, but this includes almost all of its subsidiaries of Sinopec, China .Sinopec aims to prepare a one-time integration has been very clear. "oil industry analyst with Guotai Junan Hou Jixiong, said in an interview. ."Our idea is that, in seven subsidiaries, the main business of the company will continue to retain and secondary industry, the company may be stripped. So that the integration for Sinopec, it is conducive to the concentration of the main industry, secondary industry .stripping, long-term development of the company's more significant meaning. "Chen Aihua analysis. .Data showed yesterday, the company also suspended the seven-float market capitalization totaling 7.599 billion yuan. .</ P>.

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