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

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.