XHKG
0228
Market cap47mUSD
Jul 10, Last price
1.21HKD
1D
-0.81%
1Q
-26.06%
Jan 2017
1,302.30%
IPO
-73.33%
Name
China Energy Development Holdings Ltd
Chart & Performance
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Profile
China Energy Development Holdings Limited operates as an investment holding company, primarily focused on the discovery, extraction, processing, and distribution of natural gas. Its business activities are diversified across three principal divisions: the natural gas segment, which covers its exploration, production, and distribution efforts; a food and beverage sales division; and a financial services arm specializing in money lending. Specifically, the company is engaged in drilling, prospecting for, developing, and producing crude oil and/or natural gas from sites within Xinjiang. Furthermore, it facilitates the delivery of natural gas throughout the People's Republic of China via its extensive pipeline infrastructure. Complementing its energy ventures, the firm also markets food and beverages and extends credit facilities to external parties. Incorporated in 2001, its corporate headquarters are situated in Central, Hong Kong.
Valuation
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