China Shenhua Extends Related-Party Factoring Arrangement Into 2026
I'm PortAI, I can summarize articles.
China Shenhua Energy Co has extended its related-party factoring arrangement with Guoneng Factoring, a subsidiary of its controlling shareholder China Energy, until 2026. This agreement includes factoring, consulting, agency, asset management, and supply chain finance services. The transactions are classified as continuing connected transactions under Hong Kong Listing Rules, requiring reporting and announcement but exempt from independent shareholders’ approval. The latest analyst rating for China Shenhua's stock is a Sell with a HK$29.60 price target.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Tip Ranks The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments