China Resources Power’s Spin-Off Subsidiary Seeks Shenzhen Listing

An update from China Resources Power Holdings Co ( (HK:0836) ) is now available.

China Resources Power Holdings Co announced that its subsidiary, China Resources New Energy Holdings Company Limited, has submitted an application for a separate listing on the Shenzhen Stock Exchange. The proposed spin-off and A Share Listing are subject to regulatory approvals and market conditions, and there is no guarantee of its completion or timing, urging shareholders and investors to exercise caution.

More about China Resources Power Holdings Co

China Resources Power Holdings Co is involved in the energy sector, focusing on the investment, development, operation, and management of wind farms and photovoltaic power plants in China.

YTD Price Performance: 0.43%

Average Trading Volume: 2,200

Technical Sentiment Consensus Rating: Hold

Current Market Cap: $12.23B

For an in-depth examination of 0836 stock, go to TipRanks’ Stock Analysis page.