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An announcement from Huadian Power International ( (HK:1071) ) is now available.
Huadian Power International Corporation Limited announced that it has received approval from the China Securities Regulatory Commission (CSRC) for the registration of its acquisition of assets by issuing 678,863,257 A Shares to China Huadian and raising ancillary funds up to RMB3,428.0 million. This approval marks a significant step in the company’s strategic transaction, allowing it to proceed with the acquisition and fund-raising activities, which are expected to enhance its operational capabilities and market position.
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, focusing on power generation and related services.
Average Trading Volume: 11,999,657
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$61.98B
Learn more about 1071 stock on TipRanks’ Stock Analysis page.