CPCC places 300mln A shares to social security fund

According to Apple Daily, China Petroleum & Chemical Corporation (0386) announced to issue 2800mln A shares, 300mln of which will be placed to social security fund, which is under Financial Ministry. About RMB1.266bln are involved, which is RMB84mln more than RMB1182mln, the amount submitted by parent of China Petroleum & Chemical Corporation. The market expects that the amount subscribed by social security fund will be even higher when Petrochina

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