China's Sinopec plans to delist ADSs from London Stock Exchange

China's Sinopec plans to delist ADSs from London Stock Exchange

Signage for a China Petroleum & Chemical Corp. (Sinopec) gas station stands next to a road at dusk in Hong Kong, China Photographer: Vivek Prakash/Bloomberg

China Petroleum and Chemical Corp, the world’s biggest oil refiner by capacity, said on Monday it intended to delist its American Depositary Shares (ADSs) trading on the London Stock Exchange (LSE).