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Hong Kong stock anomaly | Envision Green Energy (01783) rose more than 5% at the end of the day, hitting a new high again, with a cumulative increase of more than double this year. Joining hands with china resources related companies to promote green econ
Envision green (01783) saw a rise of over 5% in the late session, reaching a historic high of 6.45 Hong Kong dollars, with a cumulative increase of over 210% this year. As of the time of writing, it has risen by 4.91%, priced at 6.41 Hong Kong dollars, with a trading volume of 17.0574 million Hong Kong dollars.
Hong Kong stock concept tracking | In November, cement manufacturing prices increased by 6.2% month-on-month. Institutions are bullish on the valuation repair at the cement inflection point (including concept stocks).
National Bureau of Statistics: In November, the manufacturing price of cement rose by 6.2% compared to the previous month.
Performance: green economy (01315.HK) recorded a mid-term net profit of 2.18 million yuan, turning losses into gains.
Green Economy (01315.HK) announced its interim results for the six months ended September, with revenue of 1.439 billion yuan, a 5.2% year-on-year decline. It recorded a net profit of 2.18 million yuan, compared to a loss of 12.12 million yuan in the same period last year, turning a loss into a profit; earnings per share were 0.41 cents. No interim dividend is declared.
Green Economy Development Sees Profitable Turnaround in 2024
GREEN ECONOMY: INTERIM RESULTS ANNOUNCEMENT FOR THE SIX MONTHS ENDED 30 SEPTEMBER 2024
CLP Group's subsidiaries signed two cooperation agreements to support the green economy of the Greater Bay Area.
CLP Holdings (00002.HK), a subsidiary of CLP Group, signed a non-binding agreement with China National Offshore Oil Corporation Guangdong Shipping to establish a joint venture company, providing liquefied natural gas refueling services. They also signed a cooperation agreement with Tesla to expand cooperation in electric vehicle charging and other innovative energy businesses in the Greater Bay Area. According to the non-binding agreement between CLP Group and CNOOC, the proposed joint venture company will sell and supply liquefied natural gas as marine fuel for ships and other vessels in Hong Kong waters, contributing to the development of liquefied natural gas refueling services in the Greater Bay Area and strengthening Hong Kong's position as an international shipping hub.
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