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KANGDA ENV (06136.HK) plans to hold a Board of Directors meeting on March 31 to approve annual performance.
Gelonghui reported on March 18 that KANGDA ENV (06136.HK) announced that the Board of Directors meeting will be held on March 31, 2025 (Monday) to consider and approve the annual performance of the company and its subsidiaries for the year ending December 31, 2024, as well as its release, and to consider the distribution of a final dividend (if any).
CITIC SEC initiates coverage on CHINA WATER: a scarce water supply leader benefiting from accelerated price reforms.
CITIC SEC released a Research Report stating that CHINA WATER (00855) has been deeply engaged in the supply water Industry for over 20 years, ranking first in water sales revenue nationwide. A new round of domestic tap water price adjustment is brewing, and many places have already started pricing adjustments. The company insists on cost control and meticulous management, with profitability and asset quality far ahead in the Industry. The company’s share of profits and losses from joint ventures is expected to improve, and direct drinking water is also expected to bring additional profit increments. A decline in the trend of capital expenditure intensity is anticipated, and the company has the potential to increase dividends. This is a first coverage, rated as 'Buy', with a Target Price of HKD 6.7. The main viewpoints of CITIC SEC are as follows: Domestic
Hong Kong stock market news for December 24: The three major US Indexes closed higher. HKEX has a half-day trading session due to Christmas.
① Consumer confidence in the USA has declined for the first time in three months. ② The three major US stock indices collectively closed higher on Monday, with most China Concept Stocks showing strength. ③ Musk criticized the Federal Reserve, claiming there are absurdly many employees under Powell. ④ The NASDAQ 100 Index is rebalanced, with the weight of Tesla, Meta, and Broadcom decreasing. ⑤ HKEX will have a half-day Trade session on Christmas Eve.
KANGDA ENV (06136.HK) plans to sell 100% equity of Zhongshan KANGDA Water Affairs for 96.0509 million yuan.
Gelonghui, December 23rd丨KANGDA ENV (06136.HK) announced that in August 2017, the seller entered into a franchise agreement with the Housing and Urban-Rural Development Bureau of Dongsheng Town, Zhongshan City. In accordance with this agreement, the seller established a target company to take over, operate, and maintain the Sewerage treatment plant, with a franchise period of 30 years. On December 23, 2024, the seller (Chongqing KANGDA ENV Industry (Group) Co., Ltd., a wholly-owned subsidiary of the company) entered into an Equity Transfer agreement with the buyer (Zhongshan Xiaolan Water Affairs Co., Ltd., ultimately beneficially owned by the Public Assets Affairs Center of Xiaolan Town, Zhongshan City). According to this, the seller agrees to sell and
Express News | Kangda International Environmental - Disposal of 100% Equity Interests in Zhongshan Kangda Water
kangda env (06136.HK) subsidiary enters into a financial leasing agreement.
Grandall 22 October announced that kangda env released an announcement on 22 October 2024. The lessee (Meiling Environmental Technology (Zibo) Co., Ltd., an indirectly wholly-owned subsidiary of the company) entered into a financial leasing agreement with the lessor (Guangdong Lvjin Financial Leasing Co., Ltd., a subsidiary of Hing Yip Holdings) on this day, the lessor agreed (including) to purchase the ownership of the assets from the lessee for 50 million yuan in RMB, and lease back the assets to the lessee for their use and possession, with a term of 72 months (starting from the date of the aforementioned payment of consideration). The assets include those located in Zibo City, Shandong Province.
Kangda International Environmental Company Limited's (HKG:6136) Price Is Right But Growth Is Lacking After Shares Rocket 28%
