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SNP News Intelligence (1 articles)

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Economy

2 months, 2 weeks ago

Sinopec Flags Chemicals Spending Cut as Profit Pressure Mounts

Sinopec has set a flexible budget target for this year, flagging a potential capital expenditure cut of as much as …

Impact on SNP: The potential 20% cut in capital expenditure by Sinopec may lead to …

Sinopec's potential 20% capital expenditure cut in response to profit pressure may negatively impact its … High (70%)

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Bloomberg 70% confidence