China Power International to Hold Virtual Meeting for Financial Agreement Renewal

China Power International Development ( (HK:2380) ) has provided an update.

China Power International Development Limited has announced a virtual general meeting scheduled for June 5, 2025, to approve the renewal of its financial services framework agreement with SPIC Financial Co., Ltd. The agreement includes a provision for deposit services with an annual cap of RMB12 billion. This renewal is significant for the company’s financial operations and reflects its strategic focus on maintaining robust financial management practices.

The most recent analyst rating on (HK:2380) stock is a Hold 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 in the energy sector. It focuses on the development, operation, and management of power plants, primarily providing electricity services.

Average Trading Volume: 30,042,789

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$39.58B

For an in-depth examination of 2380 stock, go to TipRanks’ Stock Analysis page.