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China Petroleum & Chemical ( (HK:0386) ) just unveiled an announcement.
China Petroleum & Chemical Corporation has approved updated terms of reference for its Board Remuneration and Appraisal Committee, specifying its composition, authority and working procedures in line with Chinese company law, corporate governance codes and applicable securities regulations. The revised framework reinforces the role of independent directors on the committee, defines its responsibility for formulating performance appraisal standards and remuneration policies for directors and senior management, and assigns it oversight of stock incentive and employee stock ownership plans, including arrangements for participation in subsidiary spin-offs, signaling a continued focus on structured, transparent executive pay and incentive governance.
The most recent analyst rating on (HK:0386) stock is a Sell with a HK$4.03 price target. To see the full list of analyst forecasts on China Petroleum & Chemical stock, see the HK:0386 Stock Forecast page.
More about China Petroleum & Chemical
China Petroleum & Chemical Corporation, also known as Sinopec, is a major integrated energy and chemical company engaged in the exploration, production, refining and marketing of oil and petrochemical products. Listed in multiple markets, it operates under Chinese corporate and securities regulations and aligns its governance practices with domestic and overseas listing requirements.
Average Trading Volume: 146,268,523
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$772.7B
Find detailed analytics on 0386 stock on TipRanks’ Stock Analysis page.