CHINA HK POWER: Stock price fluctuations are currently undergoing investment negotiations

Zhitong
2025.10.20 08:57

China HK Power announced on the Hong Kong Stock Exchange regarding unusual fluctuations in its stock price and trading volume that the group has been negotiating for the acquisition of a very significant liquefied natural gas project since May 1. On September 12, it signed a confidentiality agreement with a liquefied natural gas user company; in addition, the group signed a confidentiality agreement with an international financial company on July 1, followed by a memorandum of understanding on August 1 to seek financing support for the aforementioned liquefied natural gas project. Currently, negotiations regarding the potential investment are still ongoing, and the relevant terms and details have not yet been finalized, nor has any binding agreement been reached regarding the potential investment

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