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Hong Kong Stock Afternoon Review | Hang Seng Index and Technology Index fell slightly; chip stocks rose more than 5% in Fudan, Shanghai
Heavy infrastructure stocks generally rose; China Zhongzhi and China Railway rose about 3%; gaming stocks continued to decline, and Galaxy Entertainment fell more than 5%.
China Carbon Neutral Development Teams Up With Cambodian Partner for Green Energy Push in Southeast Asia
China Carbon Neutral Development Group (HKG:1372) has agreed to work with Khmer First Investment Holding Group to jointly build green new energy systems in Cambodia and neighboring countries, a Monday
China Carbon Neutrality (01372.HK) and Cambodian Khmer Holding Group signed a strategic cooperation framework agreement to jointly develop green new energy systems in Cambodia and neighboring countries
Gelonghui, April 15 | China Carbon Neutrality (01372.HK) announced that the Group has signed a strategic cooperation framework agreement with Cambodia Khmer First Investment Holding Group Co., Ltd. (“Khmer Holding Group”) to jointly develop the construction of green new energy systems in Cambodia and neighboring countries, including decentralized clean energy and smart energy systems, and build a comprehensive renewable energy supply system using solar energy, wind energy, geothermal energy and biomass energy. Including but not limited to: centralized and decentralized photovoltaic power generation, wind power generation, building automation system optimization, motor frequency conversion, air conditioning energy-saving transformation, boiler energy-saving transformation, and excellent system energy efficiency
China Carbon Neutrality (01372.HK): Zhong Guoxing appointed as Chairman of the Board
Gelonghui, April 12, 丨 China Carbon Neutrality (01372.HK) announced, effective April 12, 2024: (1) Sha Tao has resigned as Executive Director, Chairman of the Board of Directors, Chairman of the Nomination Committee and a member of the Remuneration Committee; (2) Zhong Guoxing has been appointed as Chairman of the Board of Directors, Chairman of the Nomination Committee and a member of the Remuneration Committee and has resigned as CEO; and (3) Di Ling has been appointed as CEO.
Featured announcements | Shunyu Optics mobile phone lens shipments increased by more than 30%; China Life Insurance's original premium revenue increased by 3.2%
Hang Seng Bank: It plans to repurchase no more than HK$3 billion of shares. The automatic share repurchase plan will run from April 10, 2024 to September 9, 2024; Shandong Gold: A wholly-owned subsidiary in Hong Kong plans to apply for a revolving loan of US$30 million from Bank of Communications (Hong Kong).
China Defies Decarbonization Trend As Coal Imports Climb 16.9% In Q1 2024
Despite global efforts towards decarbonization, coal imports in China are on the rise, signaling persistent demand for the commodity.
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