Baguio Green Group (01397) surged more than 13% and surged 26% in the past 2 trading days, continuing to set a new high. As of press release, it had risen 13.92% to HK$0.90, with a turnover of HK$3.1 million.
The Zhitong Finance App learned that Baguio Green Group (01397) surged more than 13% and surged 26% in the past 2 trading days, continuing to set a new high. As of press release, it had risen 13.92% to HK$0.90, with a turnover of HK$3.1 million.
According to reports, Baguio Green Group Co., Ltd. is mainly an investment holding company in Hong Kong, China, which provides cleaning and environmental protection services. The company mainly operates through four business segments: Cleaning Services Business Division, Horticultural Services Division, Pest Management Services Division, and Waste Treatment and Recycling Services Division. The company is also engaged in the development and exploration of green technology products through its subsidiaries, as well as the provision of plant cultivation and automobile maintenance services.
Guotai Junan pointed out that the overall increase in the environmental protection sector (Shenwan Environmental Index) in 2023 was +3.73%, ranking 15th in Shenwan's Tier 1 industry. The environmental protection sector is predicted to be 14.19 times PE in 2023, ranked 21st in Shenwan's Tier 1 industry, and PEG is expected to be 0.28 in 2023. The valuation advantage is still outstanding. The goal of a beautiful China will be a catalyst for the undervalued environmental protection sector, and all major segments will benefit.