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CHINA WATER: Annual Report 2023/24
Hong Kong stock market dynamics | Water affairs related stocks rise again, with abundant industry operating cash flow. Rise in water prices is expected to increase corporate profits.
Water affairs related stocks rose again. As of press time, bj ent water rose 3.81% to HKD 2.45; china water rose 3.05% to HKD 5.07; eb environment rose 2.45% to HKD 3.76.
Hong Kong stock market concept tracking | Five departments release "Guiding Opinions on Accelerating the Development of Water-saving Industry", leading water affairs enterprises receive attention (including concept stocks)
By 2035, cultivate a group of leading companies with over 10 billion yuan in annual revenue.
Five departments: promote large-scale water-saving equipment updates and consumer goods to replace old with new products, accelerate the elimination of backward water products and equipment.
On July 22nd, the National Development and Reform Commission and five other departments issued guidance on accelerating the development of the water-saving industry.
HKEX Stocks Alert | bj ent water (00371) rose more than 5%, leading water affairs related stocks. The operation of water affairs has abundant cash flow. The expectation of rising water price is clear.
Water affairs related stocks expanded their gains in the closing session. As of press time, BJ ENT Water (00371) rose by 5.02%, reporting 2.3 HKD; China Water (00855) rose by 3.61%, reporting 4.88 HKD; Guangdong Inv (00270) rose by 0.49%, reporting 4.11 HKD.
Earnings Working Against China Water Affairs Group Limited's (HKG:855) Share Price Following 25% Dive
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