CPCC secures approval to issue A shares

China Petroleum & Chemical Corporation (0386) announced to have secured 
approval from China Securities Regulatory Commission to issue A shares. The
 group will apply to Shanghai Stock Exchange for issuing 2.8bln A shares and
 the shares will be priced through auction. After placement, the A shares will
 account for 3.23% of total share capital, H shares, for 19.35% and the rest
 will be state-owned stocks. In additional, the group expected full year

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