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An update from Hong Kong & China Gas Co ( (HK:0003) ) is now available.
The Hong Kong and China Gas Company plans to replace its existing Articles of Association with a new set that aligns its corporate governance framework with recent changes in Hong Kong company and listing regulations. The move underscores the company’s effort to modernise its shareholder engagement and meeting practices while ensuring compliance with evolving regulatory standards.
Key proposed changes include provisions for the new treasury share regime, an implied consent mechanism for website dissemination of corporate communications, expanded paperless arrangements such as electronic shareholder communications and payment of corporate action proceeds, and the option to hold fully virtual general meetings. The amendments will take effect only if approved by shareholders via a special resolution at the annual general meeting scheduled for 1 June 2026, with further details to be circulated in a forthcoming shareholder circular.
The most recent analyst rating on (HK:0003) stock is a Hold with a HK$8.00 price target. To see the full list of analyst forecasts on Hong Kong & China Gas Co stock, see the HK:0003 Stock Forecast page.
More about Hong Kong & China Gas Co
The Hong Kong and China Gas Company Limited, listed in Hong Kong under stock code 3, is a long-established public utility operating under the Hong Kong Companies Ordinance. The company is overseen by a board comprising non-executive, independent non-executive and executive directors, including a managing director, chief financial officer and chief investment officer.
Average Trading Volume: 20,891,270
Technical Sentiment Signal: Buy
Current Market Cap: HK$138.5B
For a thorough assessment of 0003 stock, go to TipRanks’ Stock Analysis page.