Lates News

According to AI Fast News, on March 24th, Cinda Securities issued a research report giving a "buy" rating to Sinopec (600028.SH). The reasons for the rating mainly include: 1) The decrease in oil prices has led to a reduction in inventory profit of petrochemical products, putting pressure on the company's full-year performance; 2) The quality and efficiency of exploration and development business have been improved, and oil and gas production equivalent has reached a historic high; 3) Optimization and adjustment of refining and chemical operations, strengthening cost control; 4) Strengthened shareholder return efforts, demonstrating long-term investment value. (Daily Economic News)