CHINA GAS HOLD: 2024/25 Interim Report

HKEXDec 20 17:17 · Announcements

UBS Group raises the Target Price for China Resources Gas (00003.HK) and raises the Target Price for AGL Energy (01193.HK) while lowering the Target Price for China Resources Gas (00384.HK) and ENN ENERGY (02688.HK).

UBS Group stated that it has a cautious outlook on Gas Stock from next year to the following year, affected by weak economic growth, and expects city gas sales volume to increase by 3% year-on-year, lower than the 7% growth from 2021 to the present year. The bank assumes that the city's gas market share will shift to wholesale gas, and even though the expected gas sales profit will increase from 50 cents per cubic meter last year to 55 cents per cubic meter from this year to 2026, it is still below the pre-pandemic level of 60 cents per cubic meter. In addition, the average new gas connections for Runhua (01193.HK), CNG (00384.HK), and Gas (00003.HK) in the first half of the 2024 fiscal year are also at stake.

AASTOCKSDec 12 10:28

CHINA GAS HOLDINGS To Go Ex-Dividend On January 7th, 2025 With 0.48225 USD Dividend Per Share

December 10th (Eastern Time) - $CHINA GAS HOLDINGS(CGHLY.US)$ is trading ex-dividend on January 7th, 2025.Shareholders of record on January 7th, 2025 will receive 0.48225 USD dividend per share on

Futu NewsDec 11 08:40

China Gas plans to establish a joint venture with Liangchuang and DragonMedia.

China Gas Holdings (00384) announced on December 6, 2024, that Wise Energy (a wholly-owned subsidiary of the company), Bright Innovations, and DragonMedia have entered into a joint venture agreement to establish a joint venture company for investment, development, and operation of biomass energy-related projects. The joint venture company will become a subsidiary of the company after its establishment, and its financial performance will also be consolidated into the group's financial statements. Wise Energy, Bright Innovations, and DragonMedia will contribute 0.3 billion yuan, 0.15 billion yuan, and 50 million yuan respectively. The establishment of the joint venture company is a strategic initiative for the group. The joint venture company will focus on biomass energy and

Sina Hong Kong stocksDec 7 10:01

China Gas Hold (00384.HK) plans to establish a joint venture to invest in, develop, and operate biomass energy related projects.

On December 6th, Gelonghui reports that china gas hold (00384.HK) announced that on December 6, 2024, Smart Energy (a wholly-owned subsidiary of the company), Liangchuang, and Dragon Media signed a joint venture agreement, establishing a joint venture to invest, develop, and operate biomass energy-related projects. After its establishment, the joint venture will become a subsidiary of the company, and its financial performance will also be consolidated into the group's financial statements. The group is one of the largest cross-regional integrated energy supply and service enterprises in china, mainly engaged in the investment, construction, and operation of urban gas pipeline infrastructure, gas terminals, and storage and transportation facilities.

Gelonghui FinanceDec 6 22:10

China Gas Holdings Forms Biomass Energy Joint Venture

TipRanksDec 6 22:07