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China HK Power Smart Energy Group Reports Unusual Trading Activity Amid LNG Project Negotiations

Story Highlights
  • China HK Power Smart Energy Group noted unusual share price and trading volume movements.
  • The company is negotiating a significant LNG project but no final agreements have been reached.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
China HK Power Smart Energy Group Reports Unusual Trading Activity Amid LNG Project Negotiations

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China LNG Group ( (HK:0931) ) has shared an update.

China HK Power Smart Energy Group Limited, a company incorporated in the Cayman Islands, has observed unusual movements in its share price and trading volume. The company has been in negotiations to acquire a significant LNG project and has signed agreements with a LNG user company and an international financial company for funding support. However, no final agreements have been reached, and the company advises caution to shareholders and potential investors.

The most recent analyst rating on (HK:0931) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on China LNG Group stock, see the HK:0931 Stock Forecast page.

More about China LNG Group

Average Trading Volume: 12,966,130

Technical Sentiment Signal: Buy

Current Market Cap: HK$3.2B

See more data about 0931 stock on TipRanks’ Stock Analysis page.

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