Guoxin Securities released a research report on April 18 stating that it gave CNPC (601857.SH) a purchase rating. The main reasons for the rating include: 1) China has excess crude oil processing capacity, and production capacity is expected to be concentrated in leading enterprises; 2) China's demand for refined oil products is limited, and “oil reduction and increase” is the only way to transform refineries; 3) the company actively implements the “oil reduction and increase” strategy through the construction of large-scale integrated refining and chemical projects and refinery upgrades. (Mainichi Keizai Shimbun)
国信证券4月18日发布研报称,给予中国石油(601857.SH)买入评级。评级理由主要包括:1)我国原油加工能力过剩,产能有望向头部企业集中;2)我国成品油需求增量有限,“减油增化”是炼厂转型必由之路;3)公司通过新建大型炼化一体化项目及进行炼厂升级改造,积极践行“减油增化”战略。(每日经济新闻)
Guoxin Securities released a research report on April 18 stating that it gave CNPC (601857.SH) a purchase rating. The main reasons for the rating include: 1) China has excess crude oil processing capacity, and production capacity is expected to be concent
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