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Concord New Energy Group ( (HK:0182) ) just unveiled an update.
Concord New Energy Group has published an introductory document in connection with a proposed secondary listing of its existing ordinary shares on the Main Board of the Singapore Exchange Securities Trading Limited by way of introduction. The company has received an eligibility letter from SGX-ST, and, once admitted to the official list, its shares will be dual-listed in Hong Kong and Singapore, traded in Singapore dollars in lots of 100 shares, with no new securities being offered. This move is positioned as a step to broaden its investor base and enhance trading liquidity, while its Hong Kong listing will remain in place.
The most recent analyst rating on (HK:0182) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on Concord New Energy Group stock, see the HK:0182 Stock Forecast page.
More about Concord New Energy Group
Concord New Energy Group Limited is a Bermuda-incorporated company listed on the Hong Kong Stock Exchange under stock code 182. The group operates in the new energy sector, focusing on renewable power generation and related services, and is expanding its capital markets presence across Asia through multiple stock exchange listings.
YTD Price Performance: -34.32%
Average Trading Volume: 16,589,102
Technical Sentiment Signal: Sell
Current Market Cap: HK$2.4B
For detailed information about 0182 stock, go to TipRanks’ Stock Analysis page.