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ENN Natural Gas Renews Hong Kong H-Share Listing Bid Linked to ENN Energy Privatization

Story Highlights
  • ENN Natural Gas and affiliates are advancing a conditional plan to privatize ENN Energy and delist it.
  • A renewed application to list ENN Natural Gas H shares in Hong Kong has been filed, a key step for the deal.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
ENN Natural Gas Renews Hong Kong H-Share Listing Bid Linked to ENN Energy Privatization

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ENN Energy Holdings ( (HK:2688) ) has issued an update.

ENN Natural Gas Co., Ltd. and its Hong Kong subsidiary Xinneng (Hong Kong) Energy Investment Limited have provided an update on their conditional proposal to privatize ENN Energy Holdings Limited and withdraw its listing from the Hong Kong Stock Exchange, a transaction in which ENN Energy shareholders would receive, among other components, consideration in the form of H shares of ENN Natural Gas. A key pre-condition to the deal is the successful listing by introduction of ENN Natural Gas H shares in Hong Kong, and on 17 December 2025 the company submitted a renewed listing application and an application proof of its listing document, now posted in redacted draft form on the exchange’s website, marking another step toward satisfying regulatory requirements for the restructuring but with details still subject to material change.

The most recent analyst rating on (HK:2688) stock is a Buy with a HK$81.00 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 Hong Kong-listed energy company incorporated in the Cayman Islands, operating within the natural gas sector alongside its PRC-incorporated affiliate ENN Natural Gas Co., Ltd. The group focuses on natural gas distribution and related energy services, with a presence in both mainland China and international capital markets, and is pursuing a corporate restructuring that involves closer alignment between its Hong Kong and mainland-listed entities.

Average Trading Volume: 4,052,120

Technical Sentiment Signal: Buy

Current Market Cap: HK$80.84B

For detailed information about 2688 stock, go to TipRanks’ Stock Analysis page.

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