Liu Minghui has not disappointed the market since he was reinstated as managing director of China Gas in August.
But after soaring 35 per cent in the past month, the company's shares had become unattractive, analysts said.
Two months after Liu retook the helm, the firm, one of the mainland's largest gas distributors, signed a preliminary agreement with former hostile takeover bidder China Petroleum & Chemical (Sinopec) on potential joint ventures in liquefied petroleum gas (LPG) retailing and vehicle and vessel liquefied natural gas refuelling. Reported by S.China Morning Post 2 hours ago.
But after soaring 35 per cent in the past month, the company's shares had become unattractive, analysts said.
Two months after Liu retook the helm, the firm, one of the mainland's largest gas distributors, signed a preliminary agreement with former hostile takeover bidder China Petroleum & Chemical (Sinopec) on potential joint ventures in liquefied petroleum gas (LPG) retailing and vehicle and vessel liquefied natural gas refuelling. Reported by S.China Morning Post 2 hours ago.