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The latest update is out from PetroChina Company ( (HK:0857) ).
PetroChina Company Limited has announced the appointment of Mr. Ren Lixin as its new president, following a recommendation from its controlling shareholder, China National Petroleum Corporation, and a nomination by the chairman of the board. Mr. Ren, who has a robust background in engineering and management within the company and its subsidiaries, is expected to bring his extensive experience to the role, potentially impacting the company’s strategic direction and operational efficiency.
The most recent analyst rating on (HK:0857) stock is a Buy with a HK$8.00 price target. To see the full list of analyst forecasts on PetroChina Company stock, see the HK:0857 Stock Forecast page.
More about PetroChina Company
PetroChina Company Limited is a major player in the oil and gas industry, primarily engaged in the exploration, development, production, and sale of crude oil and natural gas. The company operates extensively in the People’s Republic of China and is a subsidiary of China National Petroleum Corporation (CNPC), focusing on both domestic and international markets.
Average Trading Volume: 97,662,139
Technical Sentiment Signal: Buy
Current Market Cap: HK$1599.6B
Find detailed analytics on 0857 stock on TipRanks’ Stock Analysis page.