China Petroleum & Chemical Corporation 0386.HK

[CY09]

Many of the Chinese Oil SOE are sporting such high dividend yield despite being in the league of exxon, shell, chevron. This is due to the world's distrust to the chinese government and allegations that the entire network of SOEs are cooking the books.

To me, the Chinese companies do seem tantalizing and I have invested in them for the 6-7% dividends in SOE banks and above 10% expected yield for the SOE oil majors

<vested in China SOEs and focusing more to them for china story than private enterprises>