HK & CHINA GAS: Date of Board Meeting

HKEXMar 6 17:01 · Announcements

"Da Xing" Morgan Stanley: The volatility of the AH Stocks market has intensified, urging a renewed focus on defensive stocks, recommending Runtian (00836.HK), Gas (00003.HK), and others.

JPMorgan stated that as AH Stocks experience increased volatility, it is advisable for investors to refocus on a defensive Stocks strategy. For high-yield state-owned enterprise Stocks, the firm is Bullish on CHINA RES POWER (00836.HK) because the stock benefits from falling Coal prices and has attractive valuations, with a projected PE of 6 times for the fiscal year 2025 and an expected yield of about 7%. Although investors are concerned about a reduction in electricity prices, it is believed that if Coal prices continue to decline, the company may achieve expansion in thermal power profit margins for two consecutive years. For high-yield Stocks in Hong Kong, the firm is Bullish on HK & CHINA GAS (00003.HK), as it will benefit from the USA 10-year Treasury yields.

AASTOCKSMar 3 09:58

CENTURY LEGEND (00079.HK) has sold 0.4275 million shares of gas (00003.HK), resulting in approximately 2.58 million yuan.

CENTURY LEGEND (00079.HK) announced that the company, through its wholly-owned subsidiary, sold a total of 427,500 shares of HK & CHINA GAS (00003.HK) in the market, accounting for approximately 0.0023% of its issued share capital, at an average price of about 6.03 yuan per share, with total proceeds of approximately 2.579 million yuan. After the sale, the group no longer holds any shares of HK & CHINA GAS. Following the completion of the sale, the group expects to recognize a total profit of about 0.027 million yuan, calculated as the difference between the book value of the HK & CHINA GAS shares sold on January 31 of this year and the total proceeds from the sale.

AASTOCKSFeb 24 17:49

CENTURY LEGEND (00079.HK) sells listed securities, cashing out 2.579 million Hong Kong dollars.

On February 24th, the Century Legend (00079.HK) announced that on February 10th, 17th, and 20th, the company, through its wholly-owned subsidiary, sold a total of 0.4275 million shares of HK & CHINA GAS in the market, at an average price of approximately HKD 6.03 per share, resulting in total proceeds of approximately HKD 2.579 million (excluding transaction costs). After the sale, the group no longer Holds any shares of HK & CHINA GAS.

Gelonghui FinanceFeb 24 17:44

In "The Big Action," CICC lists the changes in the weight of Hang Seng Index constituent stocks and forecasts the changes in passive funding (table).

CICC published a report stating that the Hang Seng Index Company announced the quarterly index adjustment results of the Hang Seng Index last Friday (21st), which will take effect from March 10. The components of the Hang Seng Index were not adjusted this time, but the time required for passive capital inflow due to weight changes is highest for HENGAN INT'L (01044.HK), Industrial And Commercial Bank Of China (01398.HK), and HK & CHINA GAS (00003.HK). In terms of capital outflow, CITIC (00267.HK), Alibaba (09988.HK), and HSBC Holdings (00005.HK) encountered the most passive capital outflow due to reduced weights.

AASTOCKSFeb 24 15:22

In "Large Banks," CICC reports that due to the decrease in weight of Alibaba and HSBC in the ConstituentStocks in Hang Seng Index, there has been significant Outflow of passive funds.

China International Capital Corporation released a report stating that the Hang Seng Index Company announced the results of the quarterly index adjustment on last Friday (21st), which will take effect starting from March 10 (Monday). There was no adjustment to the constituents of the Hang Seng Index this time, but due to changes in weightings, the passive Inflow requires the most time for HENGAN INT'L (01044.HK), Industrial And Commercial Bank Of China (01398.HK), and HK & CHINA GAS (00003.HK). The bank expects to bring in passive Inflows of 3.15 million, 94.47 million, and 6.3 million USD respectively, with Inflow times of approximately 0.45 days. In terms of Outflow, CITIC (0026...

AASTOCKSFeb 24 13:01