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China Shenhua Energy Co ( (HK:1088) ) has provided an announcement.
China Shenhua Energy Co. held its first extraordinary general meeting of 2026 in Beijing on 23 January, with 3,475 shareholders and proxies representing approximately 88% of the company’s issued share capital participating either on-site or via online voting for A-shareholders. At the meeting, shareholders approved, as a special resolution, the proposed transaction and issuance of A shares, with more than two-thirds of votes cast in favour across both A and H share classes, thereby authorising the company to proceed with the capital-raising plan in compliance with applicable laws and its Articles of Association.
The most recent analyst rating on (HK:1088) stock is a Buy with a HK$48.00 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 Co., a joint stock limited company incorporated in the People’s Republic of China and listed in Hong Kong and Shanghai, has a substantial share capital comprising both A shares and H shares, with no treasury shares held by the company. The company is governed by a board of seven directors and operates under the regulatory frameworks of the Hong Kong and Shanghai stock exchanges as well as relevant PRC securities regulations.
Average Trading Volume: 11,672,992
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$892.8B
See more data about 1088 stock on TipRanks’ Stock Analysis page.