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China Power International Development Advances Asset Restructuring

Story Highlights
  • China Power International Development operates in the energy sector, focusing on power generation.
  • The company’s asset restructuring was approved, potentially impacting its market strategy.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
China Power International Development Advances Asset Restructuring

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An update from China Power International Development ( (HK:2380) ) is now available.

China Power International Development Limited announced the successful passing of resolutions related to its Proposed Asset Restructuring during Yuanda Environmental’s shareholders’ meeting. This restructuring involves the acquisition of equity interests in target companies, with financial information prepared in compliance with PRC laws, potentially impacting the company’s operational strategy and market positioning.

The most recent analyst rating on (HK:2380) stock is a Hold with a HK$3.30 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 company incorporated in Hong Kong, operating in the energy sector. It focuses on power generation and related services, positioning itself as a significant player in the energy industry.

YTD Price Performance: 1.03%

Average Trading Volume: 28,486,171

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$37.48B

See more insights into 2380 stock on TipRanks’ Stock Analysis page.

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