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CITIC SEC: The Shenzhen water reform is expected to accelerate the establishment of the water supply pricing mechanism, first promoting CHINA WATER (00855).
With the continuous improvement of water pricing policies and the continuous adjustment of the price mechanism in the Industry, the overall issue of low returns in the Industry may see an improvement. Water Operation Assets are expected to benefit significantly, with a strong recommendation for CHINA WATER (00855).
[Brokerage Focus] Zhongtai International: Shenzhen plans to raise water prices, CHINA WATER (00855) and others are expected to benefit.
Jinwu Finance News | According to a Research Report from Zhongtai International, the Shenzhen Development and Reform Commission recently announced that a hearing for adjusting the city's water supply prices will be held on April 11. According to the two proposed pricing schemes, the comprehensive price of tap water is expected to increase by 13.1% from 3.449 yuan per cubic meter to 3.8991 yuan per cubic meter (including tax). The report indicates that in recent years, tap water prices have been raised in different regions across the country, for instance, some areas in Shanghai have already implemented increases in 2024, reflecting the principles of market-oriented policies. In August 2021, the National Development and Reform Commission issued the "Regulations on the Management of Urban Water Supply Prices," establishing that water pricing will consider the operational costs of water supply companies more significantly.
Hong Kong Stock Concept Tracking | The Shenzhen Development and Reform Commission will hold a hearing on the adjustment of tap water prices. The Water Affairs Sector has long-term dividend properties (including concept stocks).
CITIC SEC stated that as the domestic Water Affairs Industry enters the stock operation cycle, capital expenditure intensity has significantly decreased. It is believed that the industry is gradually establishing a high dividend foundation, and several benchmark symbols with dividend attributes are expected to emerge.
Hong Kong stocks movement | CHINA WATER (00855) is currently up nearly 6%. The company received a Private Equity investment of 1.5 billion yuan from Taikang Life Insurance. The Chairman of Great Wall Life Insurance has been appointed as a non-executive Di
CHINA WATER (00855) rose nearly 6% against the market trend, as of the time of writing, it increased by 5.93%, trading at 6.61 HKD, with a transaction volume of 25.9866 million HKD.
CHINA WATER (00855.HK) appointed Bai Li as a non-executive Director.
On March 21, Gelonghui announced that Mr. Bai Li has been appointed as a non-executive Director of CHINA WATER (00855.HK) effective from March 21, 2025.
CHINA WATER (00855): Taikang Assets intends to invest 1.5 billion yuan in Silver Dragon Waterworks Co., Ltd.
CHINA WATER (00855) announced that on March 21, 2025 (after trading hours), the company, Silver Dragon, and...
