tiprankstipranks
Trending News
More News >

China Suntien Green Energy Clarifies LNG Transaction Pricing

Story Highlights
China Suntien Green Energy Clarifies LNG Transaction Pricing

Don’t Miss TipRanks’ Half-Year Sale

China Suntien Green Energy Corporation Limited Class H ( (HK:0956) ) has shared an announcement.

China Suntien Green Energy Corporation Limited has provided further details on a connected transaction involving the supply of LNG to Caofeidian Company. The unit price of LNG was determined based on the onshore spot price in Northeast Asia, converted from US dollars to RMB, and adjusted for energy unit conversions and taxes. This announcement aims to offer shareholders and potential investors additional insights into the pricing considerations of the transaction.

The most recent analyst rating on (HK:0956) stock is a Buy with a HK$4.30 price target. To see the full list of analyst forecasts on China Suntien Green Energy Corporation Limited Class H stock, see the HK:0956 Stock Forecast page.

More about China Suntien Green Energy Corporation Limited Class H

China Suntien Green Energy Corporation Limited is a joint stock limited company incorporated in the People’s Republic of China. It operates in the green energy sector, focusing on the supply and sale of liquefied natural gas (LNG) and other renewable energy solutions.

Average Trading Volume: 9,311,157

Technical Sentiment Signal: Buy

Current Market Cap: HK$26.4B

For detailed information about 0956 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1