Former Party Secretary and Chairman of Offshore Oil Engineering Co., Ltd. Jin Xiaojian Under Investigation
Jin Xiaojian, former Party secretary and chairman of Offshore Oil Engineering Co. , Ltd. , is suspected of serious violations of discipline and law. He is currently undergoing disciplinary review by the discipline inspection and supervision team of the Central Commission for Discipline Inspection and the National Supervisory Commission stationed at China National Offshore Oil Corporation (CNOOC), and supervisory investigation by the Yingkou City Supervisory Commission of Liaoning Province.
Why this event matters
The event has a measured impact on 1 industry. The strongest current signal is negative for Oilfield Equipment & Services, with intensity 50/100 and 70% confidence over a short term horizon.
Impact figures are analytical estimates that combine direction, intensity, confidence and event importance. They are not investment advice.