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The latest announcement is out from Yankuang Energy Group Company Limited Class H ( (HK:1171) ).
Yankuang Energy Group Company Limited announced that Qinghai Salt Lake has decided not to proceed with the Qinghai Salt Lake Subscription Transaction as initially contemplated. This decision will not adversely affect Yankuang Energy’s financial position or business operations, nor will it impact the interests of the company or its minority shareholders.
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 limited company incorporated in the People’s Republic of China. The company operates in the energy sector, focusing on the production and distribution of energy resources.
YTD Price Performance: 12.06%
Average Trading Volume: 42,534,093
Technical Sentiment Signal: Strong Buy
Current Market Cap: HK$123B
Learn more about 1171 stock on TipRanks’ Stock Analysis page.