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China Shenhua Energy Co ( (HK:1088) ) has issued an announcement.
China Shenhua Energy Company Limited announced the progress of its acquisition of a 100% equity interest in China Energy Hangjin Energy Co., Ltd. The acquisition is a significant move for the company as it seeks to expand its energy portfolio. The Board has committed to fulfilling all regulatory obligations, including timely information disclosure, as the transaction progresses. Stakeholders and investors are advised to be mindful of potential investment risks associated with the acquisition.
More about China Shenhua Energy Co
China Shenhua Energy Company Limited is a prominent entity in the energy sector, primarily involved in the production and sale of coal and electricity. The company is a joint stock limited company incorporated in the People’s Republic of China, focusing on energy production and trading activities.
YTD Price Performance: -6.70%
Average Trading Volume: 840
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $100.2B
For an in-depth examination of 1088 stock, go to TipRanks’ Stock Analysis page.
