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The latest update is out from CGN Power Co ( (HK:1816) ).
CGN Power Co., Ltd. announced a delay in the publication of a circular related to its acquisition of equity interests in four nuclear power companies, including Huizhou Nuclear Power. The delay is due to the need for additional time to prepare and confirm relevant information, with the new expected publication date set on or before September 30, 2025. This acquisition and the revision of annual caps for technical support services are significant for the company’s operational expansion and market positioning.
The most recent analyst rating on (HK:1816) stock is a Hold with a HK$3.40 price target. To see the full list of analyst forecasts on CGN Power Co stock, see the HK:1816 Stock Forecast page.
More about CGN Power Co
CGN Power Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, operating in the nuclear power industry. The company focuses on the acquisition and management of nuclear power assets, providing technical support and maintenance services.
Average Trading Volume: 60,060,163
Technical Sentiment Signal: Buy
Current Market Cap: HK$191.9B
For detailed information about 1816 stock, go to TipRanks’ Stock Analysis page.