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YANKUANG ENERGY Zooms ~8% Higher in Early Trading; Highest Bid for Xintai Coal Equity Transfer at RMB3.05B
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YANKUANG ENERGY (01171.HK) opened up 1.33% this morning (4th) and once peaked at HKD12.2 in early trading. It last printed at HKD12.14, up 7.91%, on a volume of 35.2239 million shares and a turnover of HKD420 million.

Previously, YANKUANG ENERGY transferred 100% equity interests in its wholly-owned subsidiary, Xintai Coal, through public listing. As of the last day of the listing period (January 27), there were more than two prospective transferees who had expressed interest. As shown by the online bidding trading system, the highest bid was RMB3.05 billion.
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