tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Huadian Power International Gains SSE Approval for Transaction and A Shares Issuance

Story Highlights
Huadian Power International Gains SSE Approval for Transaction and A Shares Issuance

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.

An update from Huadian Power International ( (HK:1071) ) is now available.

Huadian Power International Corporation Limited announced that the Merger, Acquisition and Reorganisation Review Committee of the Shanghai Stock Exchange has approved its transaction and proposed issuance of A shares. This approval indicates compliance with reorganisation conditions and information disclosure requirements, although the transaction’s implementation is contingent upon further conditions, advising shareholders and potential investors to exercise caution.

More about Huadian Power International

Huadian Power International Corporation Limited is a Sino-foreign investment joint stock company incorporated in the People’s Republic of China. It operates in the power generation industry, focusing on the production and supply of electricity.

YTD Price Performance: 11.80%

Average Trading Volume: 5,000

Technical Sentiment Signal: Strong Sell

Current Market Cap: $7.39B

See more data about 1071 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1