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China Gas Holdings ( (HK:0384) ) has provided an announcement.
China Gas Holdings Limited has announced a connected transaction involving a capital increase in its subsidiary, the Target Company. The agreement, signed on June 20, 2025, involves China Dual Carbon, Brilliant Linkwise, and Beauty Asia subscribing to a 23% equity interest in the Target Company for RMB216 million. This transaction will dilute China Gas Holdings’ shareholding in the Target Company from 100% to 77%, constituting a deemed disposal under the Listing Rules. The transaction is subject to reporting and announcement requirements but is exempt from independent shareholders’ approval.
The most recent analyst rating on (HK:0384) stock is a Sell with a HK$5.60 price target. To see the full list of analyst forecasts on China Gas Holdings stock, see the HK:0384 Stock Forecast page.
More about China Gas Holdings
China Gas Holdings Limited is a company incorporated in Bermuda, primarily engaged in the energy sector with a focus on electricity and new energy. It operates through its subsidiaries, including Zhongran Gas, and is involved in various energy-related transactions and developments.
Average Trading Volume: 9,350,769
Technical Sentiment Signal: Buy
Current Market Cap: HK$41.41B
See more data about 0384 stock on TipRanks’ Stock Analysis page.