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HK stocks surge: China Res Gas (01193) rose nearly 5%, leading the gas stock. The gradual implementation of nationwide gas price increase and the expected repair of urban gas profitability.
According to the Zhixun Finance APP, most of the gas stocks are rising. As of press time, China Resources Gas (01193) rose 4.8% to HKD 29.45; Kunlun Energy (00135) rose 3.01% to HKD 8.21; China Gas Holdings Limited (00384) rose 2.03% to HKD 7.55; ENN Energy Holdings Limited (02688) rose 1.15% to HKD 70.15. A recent research report from Soochow Securities pointed out that from 2022 to 2024M5, 52% of prefecture-level and above cities in the country have adjusted residential prices, with a price increase of 0.20 yuan per cubic meter. With the arrival of the off-season, the bank believes that there will be no further hikes.
Here's Why China Resources Gas Group (HKG:1193) Has A Meaningful Debt Burden
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the permanent loss of capital.' It's only natural to consider a company's balance sheet wh
Hong Kong stock concept tracking | Sudden price surge! Henry hub natural gas in Europe surged by 10%, and the tight supply and demand situation may continue until 2025 (with concept stocks).
If there is any interruption in production and supply chain of gas fields in major supplying countries such as Norway, it will further exacerbate the supply shortage and lead to a further surge in henry hub natural gas prices.
Tianfeng Securities: What is the reason for the rise in utility prices?
The Zhitong Finance App learned that Tianfeng Securities released a research report saying that the country introduced relevant policies to adjust the price mechanism for utility products is a long-term process. The ultimate goal is to clean up and eliminate unreasonable charges from utility companies, ensure reasonable and stable profits, and reasonable expenses for the safe operation of utility assets. In terms of recommended targets, hydropower asset suggestions focus on Changjiang Electric Power (600900.SH), SDIC Power (600886.SH); thermal power recommendations focus on Anhui Energy (000543.SZ), Zhejiang Electric Power (600023.SH), etc.; gas recommendations focus on blue
China Resources Gas Group Limited (HKG:1193) Goes Ex-Dividend Soon
Readers hoping to buy China Resources Gas Group Limited (HKG:1193) for its dividend will need to make their move shortly, as the stock is about to trade ex-dividend. The ex-dividend date is one busin
CHINA RES GAS To Go Ex-Dividend On May 28th, 2024 With 1.0069 HKD Dividend Per Share
May 24th - $CHINA RES GAS(01193.HK)$ is trading ex-dividend on May 28th, 2024. Shareholders of record on May 29th, 2024 will receive 1.0069 HKD dividend per share on July 17th, 2024. The ex-divide
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