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The latest update is out from China Shenhua Energy Co ( (HK:1088) ).
China Shenhua Energy Company Limited has received approval for the Phase II expansion project of the China Energy Wanzhou Power Plant, which involves constructing two 1,000 MW ultra-supercritical coal-fired power generating units. The project, with a total investment of RMB 6.655 billion, aims to boost Chongqing’s power supply capacity while adhering to national energy conservation and environmental protection standards.
The most recent analyst rating on (HK:1088) stock is a Buy with a HK$40.00 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 engaged in the production and supply of coal and electricity. The company operates within the People’s Republic of China and focuses on enhancing its power supply capabilities through strategic projects.
Average Trading Volume: 20,322,064
Technical Sentiment Signal: Buy
Current Market Cap: HK$799.3B
For an in-depth examination of 1088 stock, go to TipRanks’ Overview page.