China Gas Unit Zhongran Investment Logs 582 Million Yuan in Q1 Profit
China Gas Holdings (HKG:0384) said wholly-owned subsidiary Zhongran Investment saw a net profit of 582.1 million yuan for the quarter ended March 31, a filing on the Hong Kong bourse said. Revenue was
China Gas (00384): China Fuel Investment's net profit for the first quarter was 582 million yuan
China Gas (00384) issued an announcement. China Fuel Investment Co., Ltd. (China Fuel Investment), a wholly-owned subsidiary of the company, is up to 2...
中國燃氣:截至二零二三年十二月三十一日止年度及截至二零二四年三月三十一日止三個月之中燃投資有限公司的財務資料
Express News | Dalian Shipbuilding undertakes new construction projects for 2 large 175,000 cubic meter liquefied natural gas carriers
Natural gas prices have increased in many places in the industry: the implementation of the gas favorable price mechanism is expected to improve the performance of urban combustion companies
According to a notice from the Putian Municipal Development and Reform Commission, the sales price of pipeline gas for residential users will be adjusted starting April 15. Furthermore, according to statistics from the Financial Federation reporter, since 2024, Shenzhen, Chengdu, Fuzhou and other places have announced gas price adjustment plans for residential pipelines, and sales prices for residential pipeline gas have all increased.
China Gas Holdings Cut to Sell From Neutral by Citigroup >0384.HK
China Gas Holdings Cut to Sell From Neutral by Citigroup >0384.HK
Changes in Hong Kong stocks | Gas stocks continue to rise recently, and the fall in international gas prices is expected to reduce upstream purchaser-side costs. Local gas price linkage mechanisms continue to advance
Gas stocks continued their recent gains. As of press release, Xinao Energy (02688.HK) rose 4.32% to HK$66.35; China Gas (00384.HK) rose 3.55% to HK$7.87; China Resources Gas (01193.HK) rose 2.66% to HK$25.05; and Hong Kong China Smart Energy (01083.HK) rose 0.96% to HK$3.16.
Hong Kong Stock Afternoon Review | The three major indices strengthened slightly. Automobile stocks and power equipment stocks improved, Great Wall rose more than 7%, and Xinyi Solar rose more than 6%
Technology and network stocks had mixed ups and downs. NetEase rose more than 3%, Baidu fell more than 3%; domestic housing stocks generally rose, New World Development rose more than 3%, Sunac China rose 2%; gas stocks rose nearly 4%, and Xinao Energy rose more than 3%.
Hong Kong gas stocks fluctuated and rose in the intraday period. Xinao Energy rose more than 5%, China Gas rose nearly 4%, China Resources Gas rose more than 3%, and Kunlun Energy rose 1.6%.
Hong Kong gas stocks fluctuated and rose in the intraday period. Xinao Energy rose more than 5%, China Gas rose nearly 4%, China Resources Gas rose more than 3%, and Kunlun Energy rose 1.6%.
Changes in Hong Kong stocks 丨 Gas stocks strengthened collectively for the second day in a row, and China Gas climbed more than 10% for two days
Gelonghui, April 9 | Continuing yesterday's strength, gas supply stocks in the Hong Kong stock market once again strengthened collectively. Among them, China Gas (0384.HK) rose 5.58% intraday to HK$7.76, rising more than 10% in two days. Regarding the continuous rise in gas stocks, some analysts pointed out that this may be influenced by recent market capital groups to group resource stocks. As the prices of gold, copper, and oil continued to rise, capital took advantage of the opportunity to pour into resource stocks. Furthermore, it is also worth noting that many places have recently announced plans to adjust the price of natural gas for residential pipelines, and the sales price of gas for residential pipelines has all increased. March 15, Shenzhen
Changes in Hong Kong stocks | Xinao Energy (02688.HK) rose more than 5%, leading gas stocks in many places to push gas prices for residents, falling back in international gas prices, which is expected to drive down upstream costs
Gas stocks rose again. As of press release, Xinao Energy (02688.HK) rose 5.69% to HK$65; China Gas (00384.HK) rose 5.17% to HK$7.73; China Resources Gas (01193.HK) rose 4.25% to HK$24.55; and Ganghua Smart Energy (01083.HK) rose 1.62% to HK$3.14.
Changes in Hong Kong stocks | China Gas (00384.HK) rises by more than 5%, leading gas stocks, international gas prices falling back, reducing the cost of urban combustion companies, and terminal profit prices continue to advance
Gas stocks were generally higher. As of press release, China Gas (00384.HK) rose 5.26% to HK$7.41; China Resources Gas (01193.HK) rose 4.85% to HK$23.8; Xinao Energy (02688.HK) rose 2.82% to HK$61.95; and Ganghua Smart Energy (01083.HK) rose 1.32% to HK$073.073.HK.
Express News | Zhongqi New Materials: The company reached a strategic cooperation agreement with Yipinhui, a subsidiary of China Gas
Dongwu Securities: CNPC's pipeline gas pricing is stable in 2024, considering falling market prices, and urban combustion companies are expected to benefit from lower costs
The national smooth price gradually progressed, and the profits of urban gas companies were further restored. The reasonable price difference was 0.6 yuan/square square +, saving room for 20% increase.
Dongwu Securities: Shenzhen gas prices increased by 0.31 yuan/square meter, continue to push forward price gap repair in the urban fuel sector, promote favorable price improvement
The national smooth price gradually progressed, and the profits of urban gas companies were further restored. The reasonable price difference was 0.6 yuan/square square +, saving room for 20% increase.
Huachuang Securities: The gradual implementation of the “next city” favorable price work for natural gas is expected to promote the repair of urban fuel margins
On March 15, the Shenzhen Development and Reform Commission issued a notice on the joint adjustment of pipeline gas sales prices throughout the city.
China Gas Holdings Insider Ups Holding During Year
Viewing insider transactions for China Gas Holdings Limited's (HKG:384 ) over the last year, we see that insiders were net buyers. This means that a larger number of shares were purchased by insiders
China Gas (00384.HK) plans to establish a joint venture and lease two LNG carriers
Gelonghui, March 12, 丨 China Gas (00384.HK) announced that on March 12, 2024, China City Gas (a wholly-owned subsidiary of the company), Summit Energy and Fortune Clean Energy entered into a 2024 joint venture agreement to establish a 2024 joint venture to acquire, own and lease two 2024 LNG carriers. The joint venture will not become a subsidiary of the company after its establishment in 2024, and its financial results will not be consolidated into the Group's financial statements. Under the 2024 joint venture agreement, the lessee
Changes in Hong Kong stocks | China Resources Gas (01193) rose nearly 5%, leading the way, gas stocks, natural gas procurement costs are expected to stabilize, and the price linkage mechanism continues to improve
Gas stocks rose collectively. As of press release, China Resources Gas (01193) rose 4.22% to HK$24.7; Xinao Energy (02688) rose 4.52% to HK$65.95; China Gas (00384) rose 3.93% to HK$7.66; and Ganghua Smart Energy (01083) rose 2.45% to HK$2.93.
Huachuang Securities: Continued improvement of the price linkage mechanism pushes urban fuel companies to gradually enter a difficult situation reversal channel
The comprehensive cost of upstream resources may be declining steadily, and the procurement cost of urban fuel is expected to stabilize.
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