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China Power International Development ( (HK:2380) ) just unveiled an update.
China Power International Development Limited has announced that following the completion of its proposed asset restructuring, the transactions under existing agreements with Yuanda Environmental and its subsidiaries have become continuing connected transactions. These agreements, which involve desulfurization, denitrification, dedusting, and water treatment services, are now subject to reporting and disclosure requirements under the Hong Kong Stock Exchange’s Listing Rules. This development underscores the company’s ongoing commitment to environmental sustainability and compliance with regulatory standards, potentially impacting its operational dynamics and stakeholder relationships.
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 company incorporated in Hong Kong, primarily engaged in the power generation industry. It focuses on providing electricity and related environmental services, with significant involvement in desulfurization, denitrification, and dedusting processes, as well as water treatment systems.
YTD Price Performance: 16.04%
Average Trading Volume: 16,638,283
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$43.05B
See more data about 2380 stock on TipRanks’ Stock Analysis page.