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Hong Kong stock market anomaly | China Water (00855) rose nearly 5%, the company received MSCI A-level rating and esg rating significantly improved.
According to the Zhītōng Cáijīng APP, China Water (00855) rose nearly 5% and as of press time, increased by 4.82% to HKD 6.52, with a turnover of 17.605 million Hong Kong dollars. In recent news, Morgan Stanley Capital International (MSCI) has upgraded China Water's ESG rating from BBB to A. Soochow Securities believes that pricing hikes in water supply will increase profits, sewage pricing improvements will streamline cash flow models, and price reform will drive long-term growth with a valuation doubling.
China Water (00855) ESG rating has been significantly upgraded, receiving an MSCI A rating.
According to the Zhī tōng cǎi jīng app, Morgan Stanley Capital International (MSCI) recently upgraded China Water (00855) ESG rating from BBB to A, as an authoritative international indexing institution.
China Water Affairs Group Limited's (HKG:855) Most Bullish Insider Is Top Key Executive Chuan Liang Duan, and Their Holdings Value Went up by 7.1% Last Week
Key Insights Insiders appear to have a vested interest in China Water Affairs Group's growth, as seen by their sizeable ownership 52% of the business is held by the top 3 shareholders 19% of Chin
China Water (00855.HK) held a board of directors meeting on June 27 to consider and approve the annual performance.
China Water (00855.HK) announced on June 7th that it will hold a board of directors meeting on Thursday, June 27, 2024, to consider and approve the annual performance announcement of the company and its subsidiaries for the fiscal year ending March 31, 2024, and to consider and recommend the distribution of final dividends (if any), as well as to handle other matters.
CHINA WATER: DATE OF BOARD MEETING
HK stocks anomaly | Guangdong Inv (00270) rose more than 4%, leading water-related stocks, and the water affairs industry is expected to enter a new round of price increase cycle.
Water affairs related stocks rose across the board in the morning, as of press time, Guangdong Investment (00270) rose 3.81% to HKD 4.63, China Water (00855) rose 2.76% to HKD 5.95, and BJ ENT Water (00371) rose 1.87% to HKD 2.72.
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