|
SNP sales is 50% more than PTR, valuation at only 1/3,
sure, Chinese gov't has price limit on refrinary products,
but what if in 5 years? in 10 years? 20?
---------------------
http://www.businessweek.com/investor/content/jul2005/pi20050729_4338.htm
Ranking Company Annual Sales (Mil. Yuan) 1 China Petroleum & Chemical 590,632 2 PetroChina 388,633 3 China Mobile 192,381 4 China Telecom 161,212
|
|
|