China Petroleum & Chemical Corporation Stock Forum

Both parties said they will further deepen strategic cooperation, broaden the scope of cooperation, extend the industrial chain, accelerate the pace of restructuring and upgrading, and promote cooperation between the two sides to a new stage. 
$China Petroleum & Chemical Corporation(600028.SH)$$Contemporary Amperex Technology(300750.SZ)$$Hang Seng H-Share Index ETF(02828.HK)$$NASDAQ Golden Dragon China(.HXC.US)$

From January to December, the y/y profit growth in China's mining sector fell by 19.3% to 1.24 trillion yuan.
The manufacturing sector drops 2.0% y/y 5.76 tln yuan.
The electricity, heating, gas, and water supply sector +54.3% to 682.2 billion yuan.
$KraneShares CSI China Internet ETF(KWEB.US)$$Hang Seng H-Share Index ETF(02828.HK)$$Hang Seng Index(800000.HK)$$PETROCHINA(00857.HK)$$SINOPEC CORP(00386.HK)$

China's state-holding enterprises' profit drops 3.4% y/y to 2.26 trillion yuan
Joint-equity's profit drops 1.2% to 5.67 trillion yuan
Foreign ventures+HongKong+Macau+TW drop 6.7% to 11.79 trillion yuan
Private enterprises +2.0% to 2.34 trillion yuan
$KraneShares CSI China Internet ETF(KWEB.US)$$Hang Seng H-Share Index ETF(02828.HK)$$Hang Seng Index(800000.HK)$$SINOPEC CORP(00386.HK)$$PETROCHINA(00857.HK)$

1. Mixed Inflation Signals:
China’s consumer price index (CPI) fell 0.3% in December, slightly better than the 0.4% decline expected by the market. It’s the third straight month of negative CPI growth, pointing to deflation that’s not getting worse but becoming stickier. China’ Producer Price Index (PPI) for the month fell 2.7%, slightly worse than the 2.6% decline expected. $Global X MSCI China Consumer Discretionary ETF(CHIQ.US)$
2. Trade Surplu...

The green economy has been a hot spot on the track this year. The desire to reduce carbon emissions and reduce costs and increase efficiency has caused waves in the investment field. Wind power, photovoltaics and other clean energy sources are the most popular for long-term effects. On the other hand, hydrogen energy and energy storage are constantly accumulating power. The value of the corresponding industrial groups began to become prominent. $SINOPEC CORP(00386.HK)$$CNOOC(00883.HK)$ It has exceeded 3.5 million tons, accounting for about 14% of the country’s hydrogen production. It will serve as an effective competition buff in the future market. $CNOOC(00883.HK)$ has placed its strategic focus on natural gas.

The crude oil catalytic cracking technology independently developed by SINOPEC Research Institute of Petroleum Processing passed the industrial test, directly converting crude oil into light olefins and aromatics. This is the first worldwide industrial application of the technology.
 $China Petroleum & Chemical Corporation(600028.SH)$