Fitch dims outlook on PetroChina, Sinopec, Chalco local-currency IDRs.

(ADPnews) - Apr 14, 2011 - Fitch said on Wednesday it had lowered to "negative" from "stable" the outlooks on the long-term local currency issuer default ratings (IDR) of PetroChina Co Ltd (SHA:601857; HKG:0857), China Petroleum and Chemical Corp (SHA:600028;HKG:0386), or Sinopec, and Aluminum Corporation of China Ltd (SHA:601600;HKG:2600) or Chalco.

The move has been driven by the outlook revision of China's long-term local …