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CGN Power Co ( (HK:1816) ) has provided an update.
CGN Power Co., Ltd. has completed the acquisition of equity interests in four nuclear power companies, including Huizhou Nuclear Power and Zhanjiang Nuclear Power, making them subsidiaries. This strategic acquisition enhances CGN Power’s operational capacity and strengthens its position in the nuclear power sector, potentially benefiting stakeholders through increased market share and operational efficiencies.
The most recent analyst rating on (HK:1816) stock is a Buy with a HK$3.70 price target. To see the full list of analyst forecasts on CGN Power Co stock, see the HK:1816 Stock Forecast page.
More about CGN Power Co
CGN Power Co., Ltd. is a joint stock company incorporated in the People’s Republic of China, operating in the nuclear power industry. The company focuses on the development, construction, and operation of nuclear power plants, with a significant market presence in China.
Average Trading Volume: 67,026,084
Technical Sentiment Signal: Buy
Current Market Cap: HK$210B
See more data about 1816 stock on TipRanks’ Stock Analysis page.