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Guofu Hydrogen Energy (02582) has been included in the Hang Seng Composite Index and is expected to become a symbol for the Stock Connect.
On February 21, the Hang Seng Index Company announced the latest quarterly review results, in which China Kingwan Hydrogen Energy (02582) has been included in the Hang Seng Composite Index constituent stocks.
Guofude Hydrogen Energy (02582.HK): It is recommended to appoint Deloitte as the auditor.
On December 20, Glorious Holdings announced that after considering the recommendations of the Audit Committee of the Board of Directors, it has resolved to recommend the appointment of Deloitte Touche Tohmatsu Certified Public Accountants ("Deloitte") as the auditor for the company for the financial year ending December 31, 2024, with the term lasting until the conclusion of the next Annual General Meeting of Shareholders, subject to approval by the Shareholders at the company's extraordinary general meeting through an ordinary resolution in accordance with the company's articles of association.
[IPO Monthly Report] The Hong Kong stock IPO market remained active in November, with Jinko Electronics' subscription multiple ranking second in Hong Kong history.
Jinwu Finance News | As November approaches, the Hong Kong IPO market continues to remain active, with 7 companies successfully listed on the main board of the exchange this month, covering various industry sectors such as jewelry, biotechnology, and electronic manufacturing. Subscription sentiment this month is high, with a particularly strong demand for Jinko Electronics' shares, followed closely by Jiuyuan Gene. However, the performance on the first day of listing is still similar to last month, with 3 out of 7 new stocks breaking below their issue price and 1 closing flat. On November 26, the second HKEX China Forum will be held in shanghai. The CEO of the Hong Kong Stock Exchange, bonnie chan yi-ting, stated in his speech that they are discussing the inclusion of reits in the Shanghai-Hong Kong Stock Connect with the Shanghai and Shenzhen exchanges.
Stock market anomaly | Guofu Hydrogen Energy (02582) rose another 14% on the second day of listing, already 37% higher than the IPO price. The company is china's leading manufacturer of hydrogen energy storage and transportation equipment.
On the second day after its listing, Guofu Hydrogen Energy (02582) rose another 14%, reaching a high of 89.05 Hong Kong dollars during trading, which is over a 37% increase compared to the offering price of 65 Hong Kong dollars. As of the time of publication, the stock is up 10%, priced at 85.8 Hong Kong dollars, with a transaction amount of 11.3311 million Hong Kong dollars.
Sinolink: The reduction of export tax rebate rates is a significant bullish signal in the medium to long term. Positive signals for boosting domestic demand have frequently appeared in the photovoltaic energy storage sector.
The export tax rebate rate for photovoltaics has been reduced from 13% to 9%, which was both expected and unexpected.
National Wealth Hydrogen Energy debuts on the Hong Kong stock market, with Suzhou celebrating an IPO. The "Yongjin System" sees an investment profit increase of 20 times.
① With the listing of Guofu Hydrogen Energy, not only did Suzhou achieve an IPO, but also the early investments by the "Yongjin system" in Guofu Hydrogen Energy have come to light, yielding a twenty-fold profit. ② Currently, Suzhou has formed two major hydrogen energy industrial clusters, one of which is the Zhangjiagang Hydrogen Energy Industrial Demonstration Zone. By 2025, Zhangjiagang aims to reach a production value of 50 billion yuan for the hydrogen energy industry.