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Huaneng Power International ( (HK:0902) ) has shared an update.
Huaneng Power International’s board approved resolutions for a spin-off listing and connected transactions related to the Huaneng Coal Power REIT, utilizing assets from its subsidiary, Huaneng Qingdao Thermal Power Co., Ltd. The company also received approval to issue corporate bonds to professional investors, demonstrating compliance with relevant Chinese laws and regulations.
The most recent analyst rating on (HK:0902) stock is a Hold with a HK$5.00 price target. To see the full list of analyst forecasts on Huaneng Power International stock, see the HK:0902 Stock Forecast page.
More about Huaneng Power International
Huaneng Power International, Inc. is a company operating in the energy sector, primarily focusing on power generation and related services. It is involved in coal-fired power generation and is expanding its infrastructure through projects like the Huaneng Dongjiakou cogeneration project.
Average Trading Volume: 32,206,042
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$112.4B
See more data about 0902 stock on TipRanks’ Stock Analysis page.