China Withdraws Investment In Europe As Sinopec Hong Kong Purchases Russian SIBUR Equity From Its Own Cyprus Subsidiary
China, Energy, Finance, Investment, Russia, SecuritySinopec’s Soihl Hong Kong Holdings have purchased 217,847,910 (8.5% of the total equity) shares in SIBUR from Soihl Cyprus Investment Limited, also a subsidiary of Sinopec, the Chinese state-owned Petrochem giant, moving the SIBUR equity holding away from the EU to Hong Kong. The transfer was made following a decree issued by Russian President Vladimir […]











