Sinopec A-shares sharply drop below IPO price on earning concern

China Petroleum & Chemical Corp (Sinopec)'s A-shares jumped sharply in the morning trade, even lower than its IPO price of RMB4.22 on earnings concerns. The shares stood at RMB4.18 at HKT11:13. Meanwhile, its Hong Kong listed counterpart also jumped 2%. The shares stood at HK$1.23. at HKT11:13.

Related stock : (NIL)