00384 CHINA GAS HOLD
- 7.340
- +0.090+1.24%
CHINA GAS HOLD News
Gas stocks rose 4.35% to Haohuarun Gas (01193), and gas fee increases were announced. Agencies indicate that the gross margin of urban fuel companies is expected to gradually recover
Jinwu Financial News | Gas stocks rose collectively. China Resources Gas (01193) rose 4.35%, Xinao Energy (02688) rose 3.13%, Beijing Holdings (00392) rose 1.83%, Hong Kong China Gas (00003) rose 1.52%, China Gas (00384) rose 1.25%, and Kunlun Energy (00135) rose 1.07%. Haitong International released a research report saying that as of April 2024, a total of 125 regions across the country announced gas bill increases one after another. Among them, the Chengdu region increased 0.16 yuan/square meter, and the Shenzhen region increased 0.31 yuan/square meter
China Gas Holdings (HKG:384) Stock Falls 3.6% in Past Week as Three-year Earnings and Shareholder Returns Continue Downward Trend
It's not possible to invest over long periods without making some bad investments. But you want to avoid the really big losses like the plague. So consider, for a moment, the misfortune of China Gas
Shen Wan Hongyuan: Urban fuel companies will fully benefit from the three major favorable factors of volume increase, price reform, and old reform
Against the backdrop of falling global gas prices and recovering consumer demand, CICC will fully benefit from the three major favorable factors of volume increase, price reform, and old reform. CICC is optimistic about the increase in both the profitability and valuation of CICC.
China Gas Holdings Cut to Sell From Neutral by Citigroup >0384.HK
China Gas Holdings Cut to Sell From Neutral by Citigroup >0384.HK
[Hong Kong Stock Connect] China Gas (00384) rose 3.68%, Yamato expects its natural gas sales to be on track
Jinwu Financial News | China Gas (00384) is trending positive. As of press release, it reported HK$7.88, up 3.68%, with a turnover of HK$93.7022 million. According to the news, Daiwa Research and Development reports that since last year, China Gas's stock price has dropped 32% cumulatively, and its semi-annual profit performance has continuously fallen short of expectations. The bank believes that the company's profit risk is limited after this fiscal year, and expects that even if the dividend per share is cut by 10% this year, China Fuel's 6% yield will still be attractive. The bank believes that the company's natural gas sales are on track, and sales may increase by 9% year-on-year in the second half of the year. This bank refers to company 20
Changes in Hong Kong stocks | Gas stocks continue to rise recently, and the fall in international gas prices is expected to reduce upstream purchaser-side costs. Local gas price linkage mechanisms continue to advance
Gas stocks continued their recent gains. As of press release, Xinao Energy (02688) rose 4.32% to HK$66.35; China Gas (00384) rose 3.55% to HK$7.87; and China Resources Gas (01193) rose 2.66% to HK$25.05.
Gas stocks rose collectively, Xinao Energy (02688) rose 4.87%. Institutions say the industry benefits from high certainty of profit and growth, and is extremely valuable for investment
Jinwu Financial News | Gas stocks rose collectively. As of press release, Xinao Energy (02688) rose 4.87%, China Gas (00384) and China Resources Gas (01193) rose more than 3%, and Beijing Holdings (00392) and Kunlun Energy (00135) both rose more than 2%. According to the news, the CITIC Securities Research Report pointed out that with the introduction of the Shenzhen gas favorable price policy, the national gas price promotion work is progressing steadily, and the recovery of urban fuel profits is more flexible due to falling gas prices. In the current weak macroeconomic environment, the industry benefits from high certainty of profit and growth, and has great investment value. It is recommended to focus on the higher return and valuation of underlying assets
Changes in Hong Kong stocks | Xinao Energy (02688) rose more than 5%, leading gas stocks in many places to push household gas prices down, and the fall in international gas prices is expected to drive upstream costs down
Gas stocks rose again. As of press release, Xinao Energy (02688) rose 5.69% to HK$65; China Gas (00384) rose 5.17% to HK$7.73; and China Resources Gas (01193) rose 4.25% to HK$24.55.
Tianfeng Securities: Local gas price linkage mechanisms continue to be promoted to benefit urban combustion companies to fix gross margins
I am optimistic that the fall in international gas prices will drive upstream costs down, while demand for natural gas is expected to rise further.
Changes in Hong Kong stocks | China Gas (00384) rises more than 5%, leading gas stocks, international gas prices falling back, reducing the costs of urban combustion companies, and terminal profit prices continue to advance
Gas stocks were generally higher. As of press release, China Gas (00384) rose 5.26% to HK$7.41; China Resources Gas (01193) rose 4.85% to HK$23.8; and Xinao Energy (02688) rose 2.82% to HK$61.95.
Dongwu Securities: Shenzhen gas prices increased by 0.31 yuan/square meter, continue to push forward price gap repair in the urban fuel sector, promote favorable price improvement
The national smooth price gradually progressed, and the profits of urban gas companies were further restored. The reasonable price difference was 0.6 yuan/square square +, saving room for 20% increase.
Huachuang Securities: The gradual implementation of the “next city” favorable price work for natural gas is expected to promote the repair of urban fuel margins
On March 15, the Shenzhen Development and Reform Commission issued a notice on the joint adjustment of pipeline gas sales prices throughout the city.
China Gas Holdings Insider Ups Holding During Year
Viewing insider transactions for China Gas Holdings Limited's (HKG:384 ) over the last year, we see that insiders were net buyers. This means that a larger number of shares were purchased by insiders
China Gas (00384.HK) plans to establish a joint venture and lease two LNG carriers
Gelonghui, March 12, 丨 China Gas (00384.HK) announced that on March 12, 2024, China City Gas (a wholly-owned subsidiary of the company), Summit Energy and Fortune Clean Energy entered into a 2024 joint venture agreement to establish a 2024 joint venture to acquire, own and lease two 2024 LNG carriers. The joint venture will not become a subsidiary of the company after its establishment in 2024, and its financial results will not be consolidated into the Group's financial statements. Under the 2024 joint venture agreement, the lessee
Changes in Hong Kong stocks | China Resources Gas (01193) rose nearly 5%, leading the way, gas stocks, natural gas procurement costs are expected to stabilize, and the price linkage mechanism continues to improve
Gas stocks rose collectively. As of press release, China Resources Gas (01193) rose 4.22% to HK$24.7; Xinao Energy (02688) rose 4.52% to HK$65.95; China Gas (00384) rose 3.93% to HK$7.66; and Ganghua Smart Energy (01083) rose 2.45% to HK$2.93.
At HK$7.23, Is China Gas Holdings Limited (HKG:384) Worth Looking At Closely?
China Gas Holdings Limited (HKG:384), might not be a large cap stock, but it saw a decent share price growth of 11% on the SEHK over the last few months. While good news for shareholders, the co
Huachuang Securities: Continued improvement of the price linkage mechanism pushes urban fuel companies to gradually enter a difficult situation reversal channel
The comprehensive cost of upstream resources may be declining steadily, and the procurement cost of urban fuel is expected to stabilize.
China Gas terminates ship leasing contract
China Gas (00384) announced that on February 27, 2024, China Fuel Energy (a wholly-owned subsidiary of the company) (as the lessee) signed termination agreements with Fuzhong Legend and Fuzhong Rongyao (owners of two ships called “CHINAGAS LEGEND*)” and “CHINAGAS GLORY (CHINAGAS GLORY)”, respectively. The contracting parties agreed to terminate the ship leasing contract early, effective from the effective date of termination. All rights and obligations under the ship leasing contract cease on the effective date of each termination. Confirmation by the Group in accordance with the termination agreement
China Gas (00384) terminates ship leasing contract
China Gas (00384) issued an announcement. On February 27, 2024, China Fuel Energy (a wholly-owned subsidiary of the company...
Getting In Cheap On China Gas Holdings Limited (HKG:384) Might Be Difficult
When close to half the companies in Hong Kong have price-to-earnings ratios (or "P/E's") below 8x, you may consider China Gas Holdings Limited (HKG:384) as a stock to potentially avoid with its 12.8x
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