US-Sanctioned Chinese Refiner Hengli Restructures Singapore Unit
China’s Hengli Group Co. has changed the ownership structure of its Singapore-based oil trading arm after the US sanctioned its refining unit, according to people with knowledge of the matter.
ORIGINAL SOURCE →via Bloomberg Markets
ADVERTISEMENT
⚡ STAY AHEAD
Events like this, convergence-verified across 689 sources, land in your inbox every Sunday. Free.
GET THE SUNDAY BRIEFING →RELATED · CN
- [TECH] Meta moves to unwind $2 billion Manus AI acquisition after China directive: Report - Storyboard18
- [CONFLICT] Ferit Barış Parlak: Çin'de güven, üretim ve kârlar yükseldi…
- [CONFLICT] Chinese EV battery maker CATL falls 8% after $5B fundraising plan
- [CONFLICT] Meta to unwind $2b Manus deal after China blocks acquisition
- [CONFLICT] La china CATL cae 9 % ante venta de acciones por 5.000 millones de dólares para renovables
- [HEALTH] Nobel laureate biochemist Hartmut Michel joins Jilin University in China