Shanghai Electric Group Company Limited

2727

CNE100000437

Heavy Electrical Equipment

Market Closed - Hong Kong S.E. Other stock markets 04:09:09 2024-04-25 am EDT			5-day change	1st Jan Change
1.69 ^HKD	-0.59%		-0.59%	+3.68%

Apr. 22	Shanghai Electric Power pulls offer to buy stake in Pakistan's K-Electric	RE
Apr. 05	EU to Investigate Chinese Firms for Subsidy Rule Violations in Romania Solar Park Project	MT

Shanghai Electric : IGI Securities Limited - Investor Kit - Top News

June 29, 2020 at 10:08 am EDT

June 29, 2020 (PPI-OT)

KE purchase, Shanghai Electric withdrew offer

Shanghai Electric Power Company Limited has withdrawn its offer to buy K-Electric, a private company supplying electricity to Karachi. As per details, the sale of KE to Shanghai Electric could not be completed. Shanghai Electric withdrew the offer at the end of the contract period. In this regard, the manager of Shanghai Electric has written a letter to K Electric.

Stocks mentioned in the article

	Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
	SHANGHAI ELECTRIC POWER CO., LTD.	8.95 CNY	+2.29%	-2.72%	3.48B
	K-ELECTRIC LIMITED	4.14 PKR	+2.22%	-5.26%	411M

Latest news about Shanghai Electric Group Company Limited

Shanghai Electric Power pulls offer to buy stake in Pakistan's K-Electric	Apr. 22	RE
EU to Investigate Chinese Firms for Subsidy Rule Violations in Romania Solar Park Project	Apr. 05	MT
Chinese Business Group Slams EU for Discrimination Against Chinese Solar Firms	Apr. 05	MT
European Commission Initiates In-depth Probe Into Public Solar Photovoltaic Contracts in Romania	Apr. 03	MT
Shanghai Electric Power's 2023 Profit Soars 377%	Apr. 02	MT
Shanghai Electric Group Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 28	CI
Shanghai Electric Group Parents to Sell Bonds Worth 5 Billion Yuan	Mar. 15	MT
Shanghai Electric Group Co., Ltd. Announces Board Changes	Mar. 06	CI
Shanghai Electric Group Co., Ltd. Announces Directorate Appointments	Feb. 23	CI
2023 Forecasts for Chinese Wind Power Equipment Suppliers Slump on Pricing War	Feb. 12	MT
Shanghai Electric to Return to Profit in 2023	Jan. 31	MT
Shanghai Electric Group Co., Ltd. Provides Earnings Guidance for the Period from 1 January 2023 to 31 December 2023	Jan. 30	CI
Shanghai Electric Parent to Sell Bonds Worth 5 Billion	Jan. 23	MT
Shanghai Electric Group Co., Ltd. Announces Directorate Changes	Jan. 16	CI
Shanghai Electric Group Co., Ltd. Appoints Dr. Wu Lei as Director	Jan. 09	CI
Shanghai Electric Power's Power Generation Jumps 22% in January-November 2023	Jan. 03	MT
Shanghai Electric Wind Power to Cancel Two Investment Projects	Dec. 19	MT
Towngas Smart to Buy HKCG's Stakes in Three Renewable Energy Ventures	Dec. 11	MT
Shanghai Electric Power Connects Hungarian PV Power Project to Grid	Nov. 29	MT
Shanghai Electric Chairwoman-CEO Resigns	Nov. 16	MT
Shanghai Electric Group Co., Ltd. Announces Resignation of Leng Weiqing as Chief Executive Officer	Nov. 16	CI
Shanghai Electric Group Co., Ltd. Announces Resignation of Leng Weiqing as the Chairlady of the Board, an Executive Director, the Chairlady and Member of Strategy Committee	Nov. 16	CI
Shanghai Electric Group Co., Ltd. Inks Agreement with Johnson Controls At CIIE 2023 with Plans to Establish Laboratory That Empowers Greener Urban Development	Nov. 14	CI
Far East Smarter Energy Lands Contracts Worth 2.3 Billion Yuan in October	Nov. 02	MT
Shanghai Electric Group Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2023	23-10-30	CI

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Company Profile

Shanghai Electric Group Company Limited specializes in the design, manufacturing and marketing of electrical and mechanical equipments. Net sales break down by activity as follows: - sale of electromechanical equipments (42.9%): elevators, escalators, moving walkways, printing and packaging equipments and machine-tools; - sale of electricity production and distribution equipments (36.1%). Additionally, the group sales equipments for heavy machines and for nuclear energy production; - financial services (15.2%). Shanghai Electric Group also provides electric engineering services; - other (5.8%). China accounts for 88.9% of net sales.

Sector

Heavy Electrical Equipment

Calendar

2024-04-28 - Q1 2024 Earnings Release

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Ratings for Shanghai Electric Group Company Limited

Trading Rating

Investor Rating

ESG Refinitiv

B+

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

1.573 CNY

Average target price

1.908 CNY

Spread / Average Target

+21.32%

Consensus

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Sector Other Heavy Electrical Equipment

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Other Heavy Electrical Equipment

Shanghai Electric Group Company Limited

Equities

2727

CNE100000437

Heavy Electrical Equipment

Shanghai Electric : IGI Securities Limited - Investor Kit - Top News

Stocks mentioned in the article

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