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China Datang Updates on Capital Increase Valuation

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China Datang Updates on Capital Increase Valuation

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China Datang Corp. Renewable Power Co. Ltd. Class H ( (HK:1798) ) has shared an announcement.

China Datang Corporation Renewable Power Co., Limited has announced a supplemental update regarding a capital increase agreement with Datang Zhongning Energy Development Co., Ltd. The update provides detailed information on the valuation methods used for Datang Zhongning, focusing on the asset-based approach for determining the enterprise’s value. This approach involves assessing both current and non-current assets, including monetary funds and fixed assets, to establish a comprehensive valuation.

The most recent analyst rating on (HK:1798) stock is a Hold with a HK$2.20 price target. To see the full list of analyst forecasts on China Datang Corp. Renewable Power Co. Ltd. Class H stock, see the HK:1798 Stock Forecast page.

More about China Datang Corp. Renewable Power Co. Ltd. Class H

Average Trading Volume: 14,881,821

Technical Sentiment Signal: Strong Buy

Current Market Cap: HK$18.69B

For a thorough assessment of 1798 stock, go to TipRanks’ Stock Analysis page.

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