tiprankstipranks
Trending News
More News >

China Gas Holdings Announces Capital Increase in Subsidiary

Story Highlights
  • China Gas Holdings is engaged in the energy sector, focusing on electricity and new energy.
  • The company announced a capital increase in its subsidiary, diluting its shareholding to 77%.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
China Gas Holdings Announces Capital Increase in Subsidiary

Don’t Miss TipRanks’ Half-Year Sale

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.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1