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China LNG Group ( (HK:0931) ) has issued an announcement.
China HK Power Smart Energy Group Limited has observed significant movements in its share price and trading volume, though it reports no changes in its business operations or financial position. The company is negotiating a major LNG project and has signed agreements for funding support, while considering a capital base enlargement by inviting an international financial company to subscribe for shares at a discounted rate. However, no binding agreements have been finalized, and stakeholders are advised to exercise caution.
The most recent analyst rating on (HK:0931) stock is a Hold with a HK$0.45 price target. To see the full list of analyst forecasts on China LNG Group stock, see the HK:0931 Stock Forecast page.
More about China LNG Group
China HK Power Smart Energy Group Limited, incorporated in the Cayman Islands, operates in the energy sector with a focus on liquefied natural gas (LNG) projects. The company is engaged in negotiations for significant LNG projects and aims to enhance its financial position through strategic partnerships and capital base enlargement.
Average Trading Volume: 34,622,328
Technical Sentiment Signal: Buy
Current Market Cap: HK$3.12B
Find detailed analytics on 0931 stock on TipRanks’ Stock Analysis page.