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China Shenhua Energy Co ( (HK:1088) ) has issued an update.
China Shenhua Energy has signed a 2026 Factoring Services Agreement with Guoneng Factoring, an indirect wholly owned subsidiary of its controlling shareholder China Energy, under which Guoneng Factoring will provide the group with factoring, consulting, agency, asset management and supply chain finance platform services from 1 January to 31 December 2026. The transactions are classified as continuing connected transactions under Hong Kong Listing Rules, triggering reporting and announcement requirements but remaining exempt from independent shareholders’ approval, indicating the company’s ongoing reliance on affiliated financial service providers to manage receivables and optimize working capital while maintaining compliance with related-party transaction regulations.
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 Co is a leading integrated energy company in the People’s Republic of China, primarily engaged in coal production, power generation, and related energy and logistics services. Listed in Hong Kong, the group operates as part of the wider China Energy conglomerate and often leverages intra-group financial and supply chain arrangements to support its large-scale industrial operations.
Average Trading Volume: 12,955,165
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$858.2B
For an in-depth examination of 1088 stock, go to TipRanks’ Overview page.