Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
China Everbright ( (HK:0257) ) has provided an announcement.
China Everbright Environment Group Limited has announced the formation of joint ventures with Maxsus and CR No.17 Second Engineering to establish two project companies in Uzbekistan. These companies will focus on the investment, design, construction, operation, and maintenance of a waste-to-energy project, with China Everbright International holding an 88% stake in each. The financial results of these joint ventures will be consolidated into China Everbright’s financial statements, enhancing its presence in the sustainable energy sector.
The most recent analyst rating on (HK:0257) stock is a Buy with a HK$5.70 price target. To see the full list of analyst forecasts on China Everbright stock, see the HK:0257 Stock Forecast page.
More about China Everbright
China Everbright Environment Group Limited operates in the environmental protection industry, focusing on waste-to-energy projects and other environmental services. The company is known for its investments in sustainable energy solutions and infrastructure development.
Average Trading Volume: 22,373,211
Technical Sentiment Signal: Buy
Current Market Cap: HK$29.79B
Find detailed analytics on 0257 stock on TipRanks’ Stock Analysis page.