According to the Zhitong Finance App, China Electric Power (02380.HK) announced that the company plans to sell all 24.8726% of its shares in Qiyuanxin Power (an associated company of the company). Since the company is a state-owned enterprise, according to Chinese laws and regulations governing the transfer of state-owned property rights, the underlying shares to be transferred must be publicly listed through the Shanghai Property Exchange (an approved equity exchange). The reserve listing price is RMB 2,556 billion.

According to the Zhitong Finance App, China Electric Power (02380.HK) announced that the company plans to sell all 24.8726% of its shares in Qiyuanxin Power (an associated company of the company). Since the company is a state-owned enterprise, according to Chinese laws and regulations governing the transfer of state-owned property rights, the underlying shares to be transferred must be publicly listed through the Shanghai Property Exchange (an approved equity exchange). The reserve listing price is RMB 2,556 billion.