China's Sinochem to list key oil assets in $2b Hong Kong IPO

China's Sinochem to list key oil assets in $2b Hong Kong IPO

Hong Kong Stock Exchange. Photo: Reuters

China’s Sinochem Group has invited banks to pitch for roles in a proposed Hong Kong listing of its key oil assets, which could raise about $2 billion, IFR reported on Monday, citing three people with knowledge of the matter.

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