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GUANGDONG INVEST To Go Ex-Dividend On February 21st, 2025 With 0.23364 USD Special Dividend Per Share
SWHY: The Eco-friendly Concept Industry continues to differentiate, and the Operation Assets perform steadily.
Stable profits, improved Cash / Money Market flow, debt reduction promotion, water price adjustments, and Eco-friendly Concept Asset opportunities are becoming prominent.
The Past Five Years for Guangdong Investment (HKG:270) Investors Has Not Been Profitable
GD LAND (00124) dropped 26.87% as GUANGDONG INV (00270) completed the physical distribution of GD LAND shares.
Jinwu Financial News | GD LAND (00124) stock price dropped by 26.87%, closing at 0.166 HKD, with a transaction volume of 9.6578 million HKD. In terms of news, GUANGDONG INV (00270) previously suggested distributing special dividends to shareholders by physically distributing GD LAND shares, with GUANGDONG INV shareholders receiving 0.193 shares of GD LAND for each share held. The distribution will be made from GUANGDONG INV's direct holding of approximately 1.261 billion shares of GD LAND, accounting for about 73.72% equity in GD LAND. After the distribution is completed, GD LAND will no longer be a subsidiary of GUANGDONG INV, and its financial performance will no longer be included in GUANGDONG INV's financial statements.
GUANGDONG INV: PAYMENT OF SPECIAL DIVIDEND BY WAY OF DISTRIBUTION IN SPECIE OF GDL SHARES
Bank of America Securities: Last year, defensive yields such as thermal and hydroelectric power performed well in the sector, upgrading the rating of HUANENG POWER.
Bank of America Securities released a research report stating that the MSCI China Utilities Industry rose approximately 17% last year, in line with the overall market trend. Among them, defensive yields such as thermal and hydropower performed excellently within the Sector. It is recommended that investors choose defensive stocks this year and add to individual quality Beta stocks during price corrections. Bank of America's selection of defensive Utilities Industry stocks includes HUANENG POWER (00902), HUADIAN POWER (01071), China Yangtze Power (600900.SH), and BEIJING ENT (00392). Quality Beta stocks include CHINA RES GAS (01193) and Zhongtian Technology.