HONG KONG -- The Hong Kong-listed shares of Sinopec Engineering Group closed down 6.9% on Monday after plunging as much as 8.9% during the day, while its chairman offered a relatively candid take on how state policies can impact some of China's biggest companies.
At the same time, the engineering arm of China Petrochemical Corp. -- one of three major Chinese state-controlled oil conglomerates -- struck an optimistic note on the second term of U.S. President Donald Trump and the potential of the homegrown artificial intelligence model created by DeepSeek.
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