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China Resources Power Holdings Co ( (HK:0836) ) has issued an announcement.
China Resources Power Holdings has signed a Financial Services Cooperation Agreement with China Resources Leasing, a non-wholly-owned subsidiary of its controlling shareholder China Resources Co, under which CR Leasing will provide finance leasing and factoring financing services to the power group from 1 January 2026 to 31 December 2027. The transactions are classified as connected transactions under Hong Kong listing rules but fall below the 5% threshold, meaning they require reporting, annual review and announcement but are exempt from shareholder approval and independent financial advice, and the board has emphasized governance measures, including a voluntary abstention from voting by a director with overlapping roles, as the group seeks structured internal financing support to back its operational needs.
The most recent analyst rating on (HK:0836) stock is a Buy with a HK$22.90 price target. To see the full list of analyst forecasts on China Resources Power Holdings Co stock, see the HK:0836 Stock Forecast page.
More about China Resources Power Holdings Co
China Resources Power Holdings Co is a Hong Kong–incorporated power company engaged in the generation and supply of electricity, operating as part of the broader China Resources Group. Its business focuses on investing in, owning and operating power generation assets and related infrastructure to serve electricity demand in mainland China and the region.
Average Trading Volume: 12,178,506
Technical Sentiment Signal: Hold
Current Market Cap: HK$92.05B
Learn more about 0836 stock on TipRanks’ Stock Analysis page.