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Overnight news: The ECB faces the risk that prices will heat up again BHP Billiton abandons the acquisition of British and American resources Apple plans to develop customized chips for confidential computing
For more global financial information, please move to the 7×24 hour real-time financial news market closing: The Dow fell more than 400 points, Nvidia reached a new high, and the top 20 of the US stock turnover on May 29: Nvidia reached a new high, rising 21% for four consecutive days, and US WTI crude oil closed down 0.8% on Wednesday, most popular Chinese securities fell 3.8%, TSMC fell 3.2%. Ali fell 1.9%, European stocks closed down, European Stock Exchange fell 1.31%, Macro US Clearing House DTCC: T+1 goal achieved, related issues Resolved Federal Reserve
East Meets Green: TotalEnergies and Sinopec Team Up for Low-Carbon Future
TotalEnergies SE (NYSE:TTE) and China Petroleum and Chemical Corporation (SINOPEC) (OTC:SNPMF) inked a strategic cooperation deal to deepen their collaboration, notably in low-carbon energies.The comp
China Petroleum & Chemical Reports Q1 Results
Bank of America Securities: Maintaining CNPC's “Buy” Rating Target Price of HK$5.5
Bank of America Securities released a research report saying that maintaining the “buy” rating of China Petroleum & Chemical (00386), the refining business is expected to improve in the second quarter, and the exploration and extraction business will continue to grow as oil prices rise. It is expected that LNG import losses will decrease and natural gas sales will continue to improve, but chemical business expectations are still under pressure. The management is expected to implement a new round of share repurchase plans after the shareholders' meeting. The target price is HK$5.5. According to the report, Sinopec's net profit after tax for the first quarter of this year fell 10% year-on-year to RMB 18.7 billion, reaching about 2 of the annual profit predicted by Bank of America and the market
MOVES-China Sinopec to Appoint New Head for Trading Arm Unipec, Sources Say
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