China Power International Development Updates on Asset Restructuring

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.