Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Guangdong Investment ( (HK:0270) ) has shared an announcement.
Guangdong Investment has announced the signing of the 2025 Electricity Service Framework Agreement between its subsidiary, Zhongshan Energy Service, and Guangdong Yuehai Water, a subsidiary of Guangdong Holdings. This agreement, effective from January 2026 to December 2028, continues the electricity supply relationship between the two entities. The agreement is classified as a continuing connected transaction under Hong Kong’s Listing Rules, requiring reporting and annual review but exempt from independent shareholders’ approval due to its size. This move is expected to solidify Guangdong Investment’s position in the energy market, ensuring a stable supply chain and potentially enhancing stakeholder confidence.
The most recent analyst rating on (HK:0270) stock is a Hold with a HK$8.00 price target. To see the full list of analyst forecasts on Guangdong Investment stock, see the HK:0270 Stock Forecast page.
More about Guangdong Investment
Guangdong Investment is a company incorporated in Hong Kong, primarily involved in the energy sector. It operates through its subsidiary, Zhongshan Energy Service, focusing on the supply of electricity in the People’s Republic of China.
Average Trading Volume: 11,778,669
Technical Sentiment Signal: Buy
Current Market Cap: HK$48.9B
See more data about 0270 stock on TipRanks’ Stock Analysis page.