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An announcement from China Power International Development ( (HK:2380) ) is now available.
China Power International Development has announced that its Shanghai-listed subsidiary SPIC Yuanda Environmental-Protection Co., Ltd. has been renamed SPIC Hydropower Co., Ltd., with its stock abbreviation changing to “SPIC Hydropower” from 13 January 2026, while the stock code 600292 remains unchanged. The rebranding follows the completion of an asset restructuring and is aimed at aligning the subsidiary’s identity with its strategic pivot toward hydropower as its principal business, enhancing its corporate image and strengthening recognition of its core hydropower focus; China Power retains a controlling 62.93% voting stake in the unit, underscoring the importance of the hydropower platform within the group’s long-term development plans.
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 Hong Kong–incorporated power producer with a diversified portfolio of generation assets, and it holds a controlling stake in SPIC Hydropower Co., Ltd., which is listed on the Shanghai Stock Exchange. The group focuses on the development and operation of power projects in China, and through SPIC Hydropower is emphasizing hydropower as a core segment within its broader energy strategy.
Average Trading Volume: 13,183,012
Technical Sentiment Signal: Buy
Current Market Cap: HK$40.45B
Find detailed analytics on 2380 stock on TipRanks’ Stock Analysis page.