(Bloomberg) -- The following stocks may rise or fall
in Asian markets, excluding Japan. This preview includes news that
broke after markets closed. Prices are from the local market's
last close. Stock symbols are in parentheses after company names.
China Petroleum & Chemical Corp. (600028 CH): China
Petroleum, or Sinopec, Asia's largest refiner, set up a unit to
bolster oil and gas exploration as the company seeks new fields to
supply the energy needs of the world's fastest-growing major
economy. The subsidiary was established May 25 with the aim of
discovering ``big and middle-sized'' oil and gas fields, Beijing-
based parent China Petrochemical Corp. said in a statement. The
shares gained 0.67, or 5.4 percent, to 13.07 yuan.
Read more at Bloomberg Stocks News