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Heating season gas prices are rising! Gas stock in the Hong Kong stock market is active in the short term, while institutions still have diverging views.
① During the heating season, gas prices are rising. How high is the interest in gas stock on the Hong Kong Stock Exchange? ② There are still differences in perspectives among institutions. What risks are worth noting?
Shanghai Dazhong Public Utilities(Group)Ltd's (SHSE:600635) Earnings Seem To Be Promising
Hong Kong Stock Market Update: Shanghai Dazhong Public Utilities (01635) once surged more than 16% intraday. The company holds 10.8% equity in Shenzhen Venture Capital. Received shareholding of over 4.5 million shares from Morgan Stanley.
Shanghai Dazhong Public Utilities (01635) has been repeatedly active recently, with a intraday increase of over 16% today. As of the time of publication, it has risen by 6.79%, reaching 2.36 Hong Kong dollars with a turnover of 0.289 billion Hong Kong dollars.
Hong Kong stock market anomaly: Shanghai Dazhong Public Utilities (01635) fell by over 10% again, dropping by more than 40% from Monday's high point. Net income in the first three quarters decreased by 37.65% year-on-year.
shanghai dazhong public utilities (01635) fell by over 10% in the afternoon, hitting a low of 2.11 Hong Kong dollars during the session, a drop of over 40% from this Monday's high of 3.62 Hong Kong dollars. As of the time of writing, it is down 10.59%, at 2.11 Hong Kong dollars, with a trading volume of 0.143 billion Hong Kong dollars.
Dazhong Public Utilities Logs 48 Million Yuan in Q3 Profit; Shares Fall 10%
Shanghai Dazhong Public Utilities (01635.HK) received a shareholding of 2.305 million shares from jpmorgan.
According to the latest equity disclosure data from the Hong Kong Stock Exchange on November 1st, 2024, Shanghai Dazhong Public Utilities (01635.HK) received an additional 2.305 million shares from JPMorgan Chase & Co. at an average price of 3.1209 Hong Kong dollars per share, involving approximately 7.1937 million Hong Kong dollars. After the additional shareholding, JPMorgan Chase & Co. holds a new total of 27.847 million shares, increasing its shareholding percentage from 4.78% to 5.21%.
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