No Data
Zhongtai International: Maintains a "buy" rating on China Water (00855) with a target price of HK$6.10.
Citi International released a research report stating that the target price of China Water (00855) is 6.10 Hong Kong dollars, maintaining a "buy" rating.
[Brokerage Focus] CICC cuts china water (00855) target price by 3.2%, but does not rule out the possibility of future valuation adjustments.
Jingu Finance News | CCT International issued a research report stating that China Water (00855) announced in September the suspension of the listing plan for the spin-off of tap water and pipeline direct drinking water businesses, adjusting its development strategy from rapid project expansion to strengthening existing operations management to reduce capital expenditure. This strategy adjustment will mainly result in a decrease in non-cash flow construction income contribution from tap water and pipeline direct drinking water businesses. The bank predicts that the company's construction income as a percentage of total income will decrease from 45.5% in FY24 to 42.0%, 41.2%, and 39.8% in FY25-27. On the other hand, the tap water pricing process continues.
China Water (0855.HK): Optimizing development strategy to reduce capital expenditures
After pausing the spin-off listing, the company adjusted its strategy, focusing on strengthening operational management. During the quiet period before the announcement, we conducted research and learned that the company adjusted its development strategy from rapid project expansion.
China Water (00855.HK) plans to issue 86.032 million Hong Kong dollars convertible bonds.
Gelonghui November 8th, China Water (00855.HK) announced that on November 8, 2024, its wholly-owned subsidiary Sharp Profit (i.e. convertible bond holders) entered into a placement agreement with a placing agent ("placing agent", which is a licensed corporation regulated under Chapter 571 of the Securities and Futures Ordinance of Hong Kong to engage in regulated activities of type 1 (securities trading), type 4 (providing advice on securities) and type 6 (providing advice on institutional financing)), regarding the placing agent's best efforts in placing convertible bonds to an independent underwriter ("underwriter"), for all convert
China Water (00855.HK) held a board of directors meeting on November 29 to approve the mid-term performance.
Gelonghui, November 7th: China Water (00855.HK) announced that the board of directors will hold a meeting on Friday, November 29, 2024, to discuss approving the mid-term performance and announcement of the company and its subsidiaries for the six months ending on September 30, 2024, as well as considering the payment of interim dividends (if any).
CHINA WATER: DATE OF BOARD MEETING
No Data
No Data