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ChinaScope is the financial data and analytics platform for global financial professionals seeking critical quantitative and qualitative information on China. Our platform covers raw and processed data and information on companies, industries and the macro economy. We help our clients gather and... More
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  • SHI - Sinopec Shanghai Petrochemical To Issue CNY 4 Bn Short-Term Bills 0 comments
    Apr 22, 2013 1:44 AM | about stocks: SHI, SPTJF

    Prepared by ChinaScope Financial | Source:Company Disclosure

    • Sinopec Shanghai Petrochemical Co., Ltd. (00338: HKG; 600688: SHA; SHI: NYSE) announced its plan to issue up to CNY 4 billion short-term bills. The interest rate of the bills will be finalized based on the rate of short-term bills with similar maturities at the time of issuance.

     

    • The proceeds of the bill issue will be used to replenish the company's working capital.
    Stocks: SHI, SPTJF
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