Acme International Holdings Limited (HK:1870) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Acme International Holdings Limited has announced that its subsidiary, Shanxi Hehui Energy Technology Co., Ltd., has acquired a market electricity sales licence, allowing it to participate in retail and green electricity trading in Shanxi Province. This development is part of Acme’s broader strategy to expand its electricity trading operations in provinces with mature spot markets, such as Guangdong and Shandong, enhancing its new energy business. Investors are advised to remain cautious as the company continues to grow its market share and strengthen shareholder value.
For further insights into HK:1870 stock, check out TipRanks’ Stock Analysis page.
Trending Articles:
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue