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China Water Affairs Group Enters Connected Transaction with Kangda

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China Water Affairs Group Enters Connected Transaction with Kangda

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China Water Affairs Group ( (HK:0855) ) has issued an announcement.

China Water Affairs Group has announced that its subsidiary, Jiangxi Silver Dragon, has entered into an agreement with Kangda HK to provide construction services for wastewater treatment projects. This agreement has become a continuing connected transaction following the acquisition of Kangda shares by Mr. Duan, the company’s Chairman, which requires compliance with specific listing rules.

The most recent analyst rating on (HK:0855) stock is a Hold with a HK$6.50 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

China Water Affairs Group operates in the water supply and wastewater treatment industry, focusing on providing construction services and equipment for wastewater treatment facilities.

YTD Price Performance: 25.36%

Average Trading Volume: 1,763,564

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$9.91B

Find detailed analytics on 0855 stock on TipRanks’ Stock Analysis page.

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