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Sinopec Shanghai Petrochemical Co ( (HK:0338) ) just unveiled an update.
Sinopec Shanghai Petrochemical Company Limited has revised the rules of procedure for its Remuneration and Appraisal Committee, highlighting a commitment to enhancing corporate governance. The committee is responsible for establishing remuneration policies, appraising directors and officers, and overseeing compensation arrangements, which are crucial for aligning management performance with company goals and ensuring fair practices.
The most recent analyst rating on (HK:0338) stock is a Hold with a HK$1.13 price target. To see the full list of analyst forecasts on Sinopec Shanghai Petrochemical Co stock, see the HK:0338 Stock Forecast page.
More about Sinopec Shanghai Petrochemical Co
Sinopec Shanghai Petrochemical Company Limited operates in the petrochemical industry, focusing on the production and sale of petroleum products, intermediate petrochemicals, synthetic resins, synthetic fibers, and chemical fertilizers. The company is a significant player in the Chinese market, leveraging its extensive production facilities and strategic location to serve both domestic and international markets.
Average Trading Volume: 15,650,156
Technical Sentiment Signal: Buy
Current Market Cap: HK$26.19B
For a thorough assessment of 0338 stock, go to TipRanks’ Stock Analysis page.