HSBC Upgrades Sinopec Shanghai Petrochemical (SHI) to Hold
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UPDATE: Nomura/Instinet Downgrades Sinopec Shanghai Petrochemical (SHI) to Reduce
August 22, 2018 12:40 PM EDT(Updated - August 22, 2018 12:43 PM EDT)
(updated to add analyst comment)
Nomura/Instinet analyst Jamie Wang downgraded Sinopec Shanghai Petrochemical (NYSE: SHI) from Neutral to Reduce.
The analyst comments "Fundamentally, we see limited earnings growth potential in 2019/20F given: 1) SPCs limited capacity... More
