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China Shenhua Completes Acquisition of Hangjin Energy

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China Shenhua Completes Acquisition of Hangjin Energy

China Shenhua Energy Co ( (HK:1088) ) has provided an update.

China Shenhua Energy Company Limited has completed the acquisition of 100% equity interest in China Energy Hangjin Energy Co., Ltd. This strategic acquisition, finalized with the registration change in Inner Mongolia, enhances Shenhua’s operational capabilities and strengthens its position in the energy sector.

More about China Shenhua Energy Co

China Shenhua Energy Company Limited is a leading energy company in China, primarily engaged in the production and sale of coal and electricity. The company focuses on integrated energy operations and is a significant player in the energy market.

YTD Price Performance: -10.18%

Average Trading Volume: 788

Technical Sentiment Consensus Rating: Hold

Current Market Cap: $94.05B

See more insights into 1088 stock on TipRanks’ Stock Analysis page.

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