Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Datang International Power Generation Co ( (HK:0991) ) has issued an announcement.
Datang International Power Generation Co has announced a new 2025 Financial Services Agreement with Datang Finance Company, effective from January 1, 2026, to December 31, 2028. The agreement aims to enhance capital efficiency, reduce transaction costs, and improve capital utilization by providing deposit services, comprehensive credit services, and other financial services. The agreement is considered a major transaction and continuing connected transaction under Hong Kong’s Listing Rules due to the shareholding structure, requiring independent shareholders’ approval. The company has appointed an independent board committee and financial adviser to guide shareholders on the agreement’s terms.
The most recent analyst rating on (HK:0991) stock is a Hold with a HK$2.50 price target. To see the full list of analyst forecasts on Datang International Power Generation Co stock, see the HK:0991 Stock Forecast page.
More about Datang International Power Generation Co
Datang International Power Generation Co is a sino-foreign joint stock limited company incorporated in the People’s Republic of China. It operates in the power generation industry and is involved in providing electricity and related services.
Average Trading Volume: 51,397,290
Technical Sentiment Signal: Buy
Current Market Cap: HK$59.07B
For an in-depth examination of 0991 stock, go to TipRanks’ Overview page.