No Data
No Data
Huili Resources Unit Buys Hong Kong Firm; Shares Down 5%
Debang Securities: Coal industry shareholding and market cap both increased in Q2 2024, with a narrower range of low allocation.
In Q2 of 2024, the coal industry had a relatively outstanding market performance, outperforming the SSE Composite Index and achieving both excess and absolute returns. It ranks fourth in the Shenzhen Stock Exchange first-level industry in terms of increase.
Huili Res (01303.HK) completed the acquisition of Mouton Investment's shares.
On July 24th, Glon Hui announced that all preconditions for the acquisition of Mouton Investment's entire share capital under the purchase agreement had been met and the acquisition had been completed on July 24th, 2024 in accordance with the terms and conditions of such agreement. After completion, the company indirectly owns 100% equity of the target company.
Express News | Huili Resources - Gain on Disposal Is Estimated to Be RMB17.3 Mln
Express News | Huili Resources - Disposal of 95% of Hami Jinhua Mineral Resource Exploiture for RMB94 Mln
Citic Sec: From 'having coal' to 'being capable', coal-electricity integration gains growth opportunities.
With the government relaxing its control on electricity prices, the overall net asset return of the "coal + electricity" sector has exceeded the market's average return. It is economically feasible to extend downstream power generation through the coal-electricity integration model relying on upstream resources.
No Data