Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
JiaXing Gas Group Co. Ltd. Class H ( (HK:9908) ) has issued an update.
JiaXing Gas Group Co., Ltd. has announced a supplemental disclosure regarding its proposed acquisition of a 13.5% equity interest in Xingzhou Jiayuan. The transaction involves an arm’s-length negotiation valuing the 6.5% previous sale interest at approximately US$5.56 million, based on the appraised value of the company’s net assets and prevailing market conditions. This acquisition is part of JiaXing Gas’s strategic efforts to enhance its market position and leverage potential growth opportunities in the industry.
More about JiaXing Gas Group Co. Ltd. Class H
YTD Price Performance: -1.05%
Average Trading Volume: 36,604
Technical Sentiment Consensus Rating: Sell
Current Market Cap: HK$1.04B
For an in-depth examination of 9908 stock, go to TipRanks’ Stock Analysis page.
