Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
China Shenhua Energy Co ( (HK:1088) ) just unveiled an update.
China Shenhua Energy Company Limited announced the successful completion of a 96-hour trial operation of Unit No. 1 of the South Sumatra No. 1 Independent Power Project in Indonesia, which has now transitioned to commercial operation. This project, part of the Belt and Road initiative, features supercritical coal-fired power generating units and demonstrates excellent environmental performance, significantly enhancing the company’s operational capabilities and market positioning in the region.
The most recent analyst rating on (HK:1088) stock is a Hold with a HK$28.00 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 is a major player in the energy sector, primarily focusing on coal-fired power generation. The company is involved in the implementation of the Belt and Road initiative, with a significant market presence in Asia.
YTD Price Performance: -0.62%
Average Trading Volume: 21,806,101
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$769B
Find detailed analytics on 1088 stock on TipRanks’ Stock Analysis page.