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HKG:2208

5 stories mentioning HKG:2208Updated 15d ago

Every FINWIRES story that references HKG:2208, newest first.

Asia

Goldwind Backs Turkish Turbine Project With $20 Million in Subsidiary Guarantees

Goldwind Science & Technology (SHE:002202, HKG:2208) has agreed to provide up to $20 million in financial guarantees for its overseas subsidiaries to fund a wind turbine installation project in Turkey, according to a Friday disclosure on the Shenzhen Stock Exchange.Goldwind International Holdings (Hong Kong) will act as the offshore equipment supplier, while Goldwind Turkey Enerji Anonim Şirketi will handle onshore supply and installation services for the developer, Ege Antalya Enerji.The Chinese wind energy company will allocate $18 million of the total guarantee to Goldwind International and $2 million to Goldwind Turkey.The company's Hong Kong shares fell 2% during the morning trade Friday.

HKG:2208SHE:002202
Asia

China Stocks Drop Amid Doubt Over US-Iran Deal

Chinese equities closed with losses as sentiment was dampened by uncertainties surrounding the potential truce between the U.S. and Iran that could end the war, shadowing the positive industrial data.The Shanghai Composite Index lost 1.3%, or 51.65 points, to close Wednesday's trade at 4,093.73. The Shenzhen Component Index slipped 0.9%, or 139.69 points, to 15,736.47.Iran expressed doubt over negotiations being made with the U.S. to end the war, accusing the U.S. military of violating the ceasefire by attacking the Iranian province of Hormozgan. Iranian politician Abbas Moghtadaei's comment was made after Parliament Speaker Mohammad Bagher Ghalibaf returned from Qatar for the talks that could lead to a war-ending deal with the U.S.Meanwhile, the total profits of China's major industrial enterprises between January and April jumped 18% year on year to 2.436 trillion yuan, faster than the 15.5% growth in the previous month, according to data from the National Bureau of Statistics.Henan Yuneng (SHE:001896) dropped 4.9% after receiving a warning from the China Securities Regulatory Commission's Henan Bureau for breaches in disclosure.Goldwind Science & Technology's (SHE:002202, HKG:2208) Shenzhen shares fell 3.7% amid plans to repurchase part of its shares worth between 300 million yuan and 500 million yuan.

Shanghai Composite^SZSEHKG:2208SHE:001896SHE:002202
Asia

Goldwind Science & Tech Plans Share Buyback of Up to 500 Million Yuan; Shares Down 3%

Goldwind Science & Technology (SHE:002202, HKG:2208) plans to repurchase part of its shares worth between 300 million yuan and 500 million yuan, according to a Shenzhen bourse filing on Wednesday.The maximum repurchase per share was 39.84 yuan.The share buyback will be implemented within 12 months after the board of directors' approval.The Chinese wind power company's Shenzhen shares fell by less than 3%, while Hong Kong shares declined 2% during the afternoon trade.

HKG:2208SHE:002202
Asia

Goldwind Science & Technology to Provide Wind Turbine Services in Morocco for $29 Million; Hong Kong Shares Down 3%

Goldwind Science & Technology (SHE:002202, HKG:2208) agreed to provide long-term operation and maintenance services for wind turbines in Morocco for a total guarantee amount of up to $29.4 million, according to a Shenzhen bourse filing on Wednesday.The deal was signed with Energie Eolienne du Maroc through a subsidiary, Goldwind Morocco (SARL).The Chinese wind power company's Hong Kong shares dropped 3%, while Shenzhen shares rose less than 3% during morning trade.

HKG:2208SHE:002202
Asia

Goldwind Science And Technology Q1 Profit Up 60%; Shares Rise 5%

Goldwind Science And Technology (SHE:002202, HKG:2208) posted first-quarter attributable net profit of 907.2 million yuan, up 60% from 568.2 million yuan the previous year.Earnings per share rose to 0.2080 yuan from 0.1292 yuan, according to a weekend filing with the Shenzhen bourse.Operating revenue rose 63% year over year to 15.5 billion yuan from 9.47 billion yuan.Shares of the wind power solutions company rose 5% in recent trade.

HKG:2208SHE:002202

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