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China Power International Development ( (HK:2380) ) has shared an update.
China Power International Development Limited announced a significant asset restructuring involving the transfer of equity interests in Wu Ling Power and Changzhou Hydropower to Yuanda Environmental. The agreements include adjustments to cash considerations and compensation arrangements, reflecting strategic financial maneuvers to optimize shareholder value and streamline operations.
The most recent analyst rating on (HK:2380) stock is a Buy with a HK$3.50 price target. To see the full list of analyst forecasts on China Power International Development stock, see the HK:2380 Stock Forecast page.
More about China Power International Development
China Power International Development Limited is a Hong Kong-incorporated company operating in the energy sector, primarily focusing on power generation and related services. The company is involved in the restructuring of its assets to optimize its portfolio and enhance its market position.
YTD Price Performance: 4.37%
Average Trading Volume: 30,139,353
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$38.72B
Find detailed analytics on 2380 stock on TipRanks’ Stock Analysis page.