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China Water Affairs Completes First Phase of Equity Investment with Taikang Asset

Story Highlights
  • China Water Affairs completed the first phase of an equity investment with Taikang Asset.
  • The second phase depends on certain conditions, and caution is advised to investors.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
China Water Affairs Completes First Phase of Equity Investment with Taikang Asset

Confident Investing Starts Here:

The latest update is out from China Water Affairs Group ( (HK:0855) ).

China Water Affairs Group Limited announced the first completion of a deemed disposal related to an equity investment by Taikang Asset in a target company. Following this completion, China Water Affairs, through Silver Dragon, holds approximately 83.95% equity interest, while Taikang Asset holds 16.05%. The second completion is contingent on certain conditions, and the company advises caution to shareholders and potential investors.

The most recent analyst rating on (HK:0855) stock is a Buy with a HK$5.30 price target. To see the full list of analyst forecasts on China Water Affairs Group stock, see the HK:0855 Stock Forecast page.

More about China Water Affairs Group

Average Trading Volume: 6,643,959

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$9.65B

See more data about 0855 stock on TipRanks’ Stock Analysis page.

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