SINOPEC Shangai Petrochemical Company (SNP)

Add a New Bulls Reason Company: SINOPEC Shangai Petrochemical Company (SNP) Current price: Headline: (100 character max) Analysis: Cancel 0% agree 0 votes   Monopoly for now... Created when NYSE:SNP was $48.33 | Edit | History Travel China and you will find that most all the gas stations are Sinopecs! (100 character max) Cancel 0% agree 0 votes   China's booming economic expansion allows SPC plenty of room for growth Top Contributor: Mohammad Usman | Created when NYSE:SNP was $65.49 | Edit | History China's booming economic expansion allows SPC plenty of room for growth. Additionally, China currently still import most of its petrochemical products. (100 character max) Cancel 0% agree 0 votes   Chinese government will likely protect SPC through subsidies Top Contributor: Mohammad Usman | Created when NYSE:SNP was $65.49 | Edit | History Even if SPC must enter a free market as price controls are lifted, the Chinese government will most likely protect SPC through subsidies and other necessary measures. Additionally, SPC's proximity to most of its customers should give it an edge over competitors. (100 character max) Cancel

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