tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

China Power International Development Updates on Asset Restructuring

Story Highlights
  • China Power International focuses on power plant operations and electricity services.
  • The company maintains positive views on its Proposed Asset Restructuring, urging shareholder support.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
China Power International Development Updates on Asset Restructuring

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

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

China Power International Development Limited has announced an update regarding its Proposed Asset Restructuring, which involves Yuanda Environmental publishing illustrative pro-forma financial statements for the target companies. The Board, Independent Financial Adviser, and Independent Board Committee have all maintained their positive opinions on the restructuring, deeming it beneficial and recommending shareholders to vote in favor at the upcoming General Meeting.

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 with limited liability, primarily operating in the power industry. It focuses on the development, operation, and management of power plants, providing electricity and related services.

YTD Price Performance: 3.15%

Average Trading Volume: 28,309,732

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$40.45B

Find detailed analytics on 2380 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1