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China Power International Development ( (HK:2380) ) has shared an update.
China Power International Development Limited has entered into a Second Supplemental Compensation Agreement with Xiangtou International and Yuanda Environmental as part of a proposed asset restructuring. This agreement involves amendments to previous compensation agreements, specifically removing certain provisions related to Wu Ling Power. The restructuring is under regulatory review, and the company expects no impact on the maximum compensation amount or its financial consolidation of Yuanda Environmental. The directors consider the terms fair and in the best interests of the company and its shareholders.
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, operating within the energy sector. It focuses on power generation and related services, with a market focus on developing and managing power plants and energy assets.
Average Trading Volume: 32,617,825
Technical Sentiment Signal: Buy
Current Market Cap: HK$43.17B
See more data about 2380 stock on TipRanks’ Stock Analysis page.