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ENN Energy Holdings ( (HK:2688) ) has issued an update.
ENN Energy Holdings Limited has announced a conditional proposal to privatize the company and withdraw its listing from the Hong Kong Stock Exchange. The proposal is subject to several pre-conditions, including necessary approvals and filings with relevant authorities in China and the Hong Kong Stock Exchange. While one of the pre-conditions has been fulfilled, others are still pending. The company is actively engaging with governmental authorities to meet these requirements, and further announcements will be made as progress continues.
The most recent analyst rating on (HK:2688) stock is a Buy with a HK$72.00 price target. To see the full list of analyst forecasts on ENN Energy Holdings stock, see the HK:2688 Stock Forecast page.
More about ENN Energy Holdings
ENN Energy Holdings Limited is a company incorporated in the Cayman Islands with limited liability, operating in the energy sector. It is involved in the provision of natural gas and energy-related services, focusing on the Chinese market.
YTD Price Performance: 29.97%
Average Trading Volume: 3,586,673
Technical Sentiment Signal: Buy
Current Market Cap: HK$78.16B
For detailed information about 2688 stock, go to TipRanks’ Stock Analysis page.