The Zhitong Finance App learned that UBS released a research report stating that it maintains the Changhe (00001.HK) target price of HK$101 and a “buy” rating. The bank said that according to the Australian media “Australian Financial Review”, Changhe's subsidiary Changjiang Infrastructure Group (01038.HK), which holds 76% of the shares, has commissioned Morgan Stanley and Barclays to start selling shares held by EDL Energy (Changhe actually holds 36% of shares), an Australian sustainable distributed energy producer. The valuation is estimated to be between 2 to 3 billion Australian dollars.

The Zhitong Finance App learned that UBS released a research report stating that it maintains the Changhe (00001.HK) target price of HK$101 and a “buy” rating. The bank said that according to the Australian media “Australian Financial Review”, Changhe's subsidiary Changjiang Infrastructure Group (01038.HK), which holds 76% of the shares, has commissioned Morgan Stanley and Barclays to start selling shares held by EDL Energy (Changhe actually holds 36% of shares), an Australian sustainable distributed energy producer. The valuation is estimated to be between 2 to 3 billion Australian dollars.