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China Shenhua Energy Co ( (HK:1088) ) has shared an update.
China Shenhua Energy Company Limited announced its plan to issue A shares and pay cash to acquire assets from its controlling shareholder, China Energy Investment Corporation Limited. This transaction, which involves coal and related energy assets, aims to raise supporting funds and is classified as a related transaction, not a major asset restructuring. The company’s A shares were suspended from trading on August 4, 2025, to facilitate this process, and the board has approved the proposals related to the transaction.
The most recent analyst rating on (HK:1088) stock is a Sell with a HK$29.60 price target. To see the full list of analyst forecasts on China Shenhua Energy Co stock, see the HK:1088 Stock Forecast page.
More about China Shenhua Energy Co
China Shenhua Energy Company Limited operates in the energy sector, focusing primarily on coal production and related energy activities. The company is involved in coal mining, coal power generation, coal-to-liquid, coal-to-gas, and coal chemicals, with its operations significantly influenced by its controlling shareholder, China Energy Investment Corporation Limited.
Average Trading Volume: 18,742,509
Technical Sentiment Signal: Buy
Current Market Cap: HK$817.8B
For an in-depth examination of 1088 stock, go to TipRanks’ Overview page.