China Power International Development Renews Financial Services Agreement

The latest announcement is out from China Power International Development ( (HK:2380) ).

China Power International Development Limited held a general meeting on June 5, 2025, where shareholders approved the renewal of a Financial Services Framework Agreement with SPIC Financial Co., Ltd. The agreement, which includes deposit services, will be effective for three years from June 7, 2025, to June 6, 2028. This renewal reflects the company’s ongoing efforts to streamline its financial operations and maintain robust financial partnerships, potentially impacting its financial stability and strategic positioning in the energy sector.

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 operates in the energy sector, focusing on the development and management of power plants and related energy services. The company is involved in both traditional and renewable energy projects, aiming to contribute to sustainable energy solutions.

Average Trading Volume: 28,905,371

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$39.83B

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