Trade Sinopec Shanghai Petrochemical Company Limited - 0338 CFD

Trading Conditions

• TypeThis financial market is available for CFD trading.Learn more about:CFDs: CFD
• Spread: 0.013
• Long position overnight funding adjustmentLong position overnight funding adjustmentMargin. Your investmentHK$1,000.00Overnight funding adjustmentCharges from full value of position-0.019222 %(-HK$3.84)Trade size with leverage ~ HK$20,000.00Money from leverage ~ $HK$19,000.00Go to platform: -0.01922%
• Short position overnight funding adjustmentShort position overnight funding adjustmentMargin. Your investmentHK$1,000.00Overnight funding adjustmentCharges from full value of position-0.002696 %(-HK$0.54)Trade size with leverage ~ HK$20,000.00Money from leverage ~ $HK$19,000.00Go to platform: -0.00270%
• Overnight funding adjustment time: 21:00 (UTC)
• Currency: HKD
• Min traded quantity: 100
• Margin: 5.00%
• Stock exchange: Hong Kong
• Commission on trade: 0%
• Guaranteed stop premiumA guaranteed stop-loss (GSL) fee is only charged if the GSL is triggered. Please consult the Charges and Fees section of our website for more details.: 1%

• Margin. Your investment: HK$1,000.00
• Overnight funding adjustmentCharges from full value of position: -0.019222 %
  (-HK$3.84)

• Margin. Your investment: HK$1,000.00
• Overnight funding adjustmentCharges from full value of position: -0.002696 %
  (-HK$0.54)

Key Stats

• Prev. Close: 1.101
• Open: 1.106
• 1-Year Change: -17.34%
• Day's Range: 1.101 - 1.111

Trade Sinopec Shanghai Petrochemical Company Limited - 0338

About Sinopec Shanghai Petrochemical Co Ltd

Sinopec Shanghai Petrochemical Company Limited (Shanghai Petrochemical) is a petrochemical company. The Company and its subsidiaries are principally engaged in processing crude oil into synthetic fibers, resins and plastics, intermediate petrochemicals and petroleum products. The Company operates in five operating segments. The synthetic fibres segment produces polyester and acrylic fibers, which are used in the textile and apparel industries. The resins and plastics segment produces polyester chips, polyethylene resins and films, polypropylene resins and polyvinyl alcohol (PVA) granules. The intermediate petrochemicals segment produces p-xylene, benzene and ethylene oxide. The petroleum products segment is equipped with crude oil distillation facilities used to produce vacuum and atmospheric gas oils used as feedstock of the Company's downstream processing facilities. The trading of petrochemical products segment is engaged in importing and exporting of petrochemical products.

Financial summary

BRIEF: For the six months ended 30 June 2021, Sinopec Shanghai Petrochemical Co Ltd revenues increased 6% to RMB31.64B. Net income totaled RMB1.28B vs. loss of RMB1.67B. Revenues reflect Petroleum Products segment increase of 10% to RMB22.42B, Resins and Plastics segment increase of 5% to RMB4.67B, All Others segment increase of 10% to RMB362.8M, Eastern China segment increase of 13% to RMB32.33B.

Equity composition

10/2013, Scrip Issue, 5 new shares for every 10 shares held.