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Yankuang Energy Terminates Merger with Highfield Resources

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Yankuang Energy Terminates Merger with Highfield Resources

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The latest update is out from Yankuang Energy Group Company Limited Class H ( (HK:1171) ).

Yankuang Energy Group Company Limited has announced the termination of its merger and acquisition agreement with Highfield Resources Limited due to unmet conditions. The decision, made after careful consideration, will not impact the company’s current operations or shareholder interests, and the company will continue to advance its Canadian potash development project.

The most recent analyst rating on (HK:1171) stock is a Hold with a HK$7.80 price target. To see the full list of analyst forecasts on Yankuang Energy Group Company Limited Class H stock, see the HK:1171 Stock Forecast page.

More about Yankuang Energy Group Company Limited Class H

Yankuang Energy Group Company Limited is a joint stock company incorporated in the People’s Republic of China. It operates in the energy sector, focusing on the production and development of energy resources.

YTD Price Performance: 13.10%

Average Trading Volume: 41,363,856

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$123.5B

For a thorough assessment of 1171 stock, go to TipRanks’ Stock Analysis page.

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