Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Huadian Power International ( (HK:1071) ) has issued an announcement.
Huadian Power International announced its decision to adopt the China Accounting Standards for Business Enterprises (CASBE) for financial reporting, starting from the interim financial report for the period ending June 30, 2025. This move aims to enhance efficiency and reduce disclosure costs without materially impacting the company’s financial results or position. Additionally, the company proposes amendments to its Articles of Association to align with the new accounting standards, subject to shareholder approval at the 2024 annual general meeting.
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 energy sector and is listed on both the Shanghai Stock Exchange and the Hong Kong Stock Exchange.
YTD Price Performance: 14.20%
Average Trading Volume: 5,000
Technical Sentiment Signal: Strong Sell
Current Market Cap: $7.57B
For detailed information about 1071 stock, go to TipRanks’ Stock Analysis page.