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China Shenhua Energy Co ( (HK:1088) ) has issued an announcement.
China Shenhua Energy Co. has completed its acquisition of 100% equity interest in China Energy Hangjin Energy Co., Ltd., with a transaction worth RMB852.6495 million. This acquisition strengthens China Shenhua’s operational capacity and market positioning by fully integrating Hangjin Energy into its portfolio, enhancing shareholder value and operational efficiencies.
More about China Shenhua Energy Co
China Shenhua Energy Co. is a major player in the energy sector, primarily focused on coal production, power generation, railway, port, and shipping operations. It is a joint stock limited company incorporated in the People’s Republic of China, aiming to maintain a significant position in the energy market.
YTD Price Performance: -6.70%
Average Trading Volume: 470
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $100.4B
See more data about 1088 stock on TipRanks’ Stock Analysis page.
