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Weak Financial Prospects Seem To Be Dragging Down The Hong Kong and China Gas Company Limited (HKG:3) Stock
From the first decade of sustainable innovation to the next decade, Fusheng Venture Capital's (FVC) green journey never stops.
On the occasion of the tenth anniversary of the establishment of Fusheng Venture Capital (FVC), looking back over the past decade, it has always adhered to its firm commitment to impact investing. As an innovative start-up incubation platform focusing on electrical utilities, clean energy, and other sustainable solutions, Fusheng Capital has demonstrated its unremitting efforts and significant achievements in promoting industry development and innovation practices. The company's commitment is not only reflected in strategic investments, but also further strengthened by giving back a portion of its profits to society, supporting charitable projects, and further enhancing its nurturing innovative ideas and realizing the mission of a greener earth. This way of combining business success with social responsibility not only benefits the company
Hong Kong and China Gas (HKG:3) Has More To Do To Multiply In Value Going Forward
hk & china gas (0003.HK) Executive Director Wong Wai Yick: reducing costs, increasing efficiency, diversifying development, and providing stable returns to shareholders.
hk & china gas Executive Director Wong Wai Yee recently provided a brief review of the group's business development: the group previously announced its full-year performance for 2023, overall, the group has made steady progress in the uncertain economic environment, with business maintaining stable development. During the year, we improved the energy supply chain, continued to strengthen deep cooperation with business partners, achieved resource integration, cost reduction, and efficiency improvement; at the same time, the group focused on green energy layout and investment-related businesses, driving continuous diversified development of the business. In terms of gas business in Hong Kong, the total gas sales volume was about 0.8 billion cubic meters (equivalent to natural gas) last year, while the number of customers increased by 1% year-on-year. In mainland.
hk & china gas (0003.HK) mainland public business - the mainland public business general manager conference of Guanghua in 2024 was successfully held
The 2024 Mainland Public Utilities General Managers' Meeting of HK & China gas was held in Guangzhou with the theme "Overcoming Adversity and Uniting as One", aiming to unify thinking, boost morale, and promote the high-quality development of public utilities business. Over 170 executives, regional and corporate general managers of hk & china gas and the Group attended. Andy Wong, CEO of HK & China Gas, emphasized the high external dependency of China's oil & gas industry. Against the backdrop of global decarbonization, the country attaches importance to energy security, requiring managers to maintain crisis awareness and a sense of urgency, take improvement measures, and enhance quality and efficiency. Jerry Ge, Chief Operating Officer of Public Utilities at HK & China Gas in mainland China, stated that in the first half of the year, the Group saw growth in city gas volume and water affairs operations.
Bullish on the Hong Kong stock market due to the rate cut, waiting for a breakthrough of the 18,500 level.
After ATFX Hong Kong stocks rose for five consecutive days, with a cumulative gain of over 900 points, it opened slightly higher this morning. The September LPR quote was released in the mainland, with one-year and five-year interest rates unchanged. The decline in A-shares widened, and the increase in Hong Kong stocks narrowed to within 200 points at one point. The Hang Seng Index rose 261 points or 1.5% to 18,275 points at midday; the GEM Index rose 92 points or 1.4% to 6,397 points; the Hang Seng Tech Index rose 65 points or 1.8% to 3,717 points. As for technology stocks, Alibaba (09988) rose 2.5%, Tencent (00700) fell 0.4%, and Meituan (03690) rose 1.1% to 135 points.
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