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China Resources Gas Group Ltd (1193) Profile
China Resources Gas Group Ltd (1193.xhkg) is a Chinese
state-owned natural gas utility and investments conglomerate headquartered in Hong Kong, the
People’s Republic of China. CR Gas engages in the construction and maintenance of gas pipeline
networks and the distribution and sales of pressure control equipment and gas appliances,
natural and LP gas for residential, commercial, and industrial use. China Resources Gas Group
Ltd has approximately 48,000 employees, serves 38.7 million customers, and operates projects in
22 Chinese provinces. In 2020, CRG Group Ltd managed 257 city gas projects. China Resources Gas
Group Ltd stock (1193.xhkg) is traded on the Honk Kong Stock Exchange (SEHK), has a $92.91B
(HKD) market cap as of November 2021 and a $34.42B (HKD) in 2020 annual revenues. In September
2021, China Resources Gas changed its CEO following Shi Baofeng’s resignation and announced
negotiations of a possible take-private of Suchuang Gas. Furthermore, CRG is to complete
transaction acquisition of equity interests in China Resources Asset’s Chongqing Gas. Green
renewable energies are rising in the PRC, so China Resources Resources Gas Group Ltd (1193.xhkg)
seems to be.
China Resources Gas Group Ltd (1193.xhkg): Trade a Contract for Difference (CFD) on 1193.xhkg
and speculate on the share price difference of the underlying asset. CFD is a financial contract
that allows you to trade on the underlying asset value (share price) without the need to
purchase the actual stock. Investors are trading the difference in
the value of security between the opening and closing of the trade. You can either hold a long
position (Buy) or a short position (Sell). CFDs are considered short-term investments or trades,
as CFDs tend to be used within shorter timeframes.
Increase your ability
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Leverage options up to 20:1
Real-time, transparent
share prices
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On long positions
No ownership of physical
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Share CFD Trading FAQ
What is a Share CFD?
What is a Share CFD?
Shares represent units of ownership within a company. Shares are also known as stocks or equities. Dividend payments are common with some companies, a method of sharing company profits with shareholders. In addition to traditional share dealing, however, traders can access derivatives: trading instruments derived from the movement of an underlying share price.
Individual stock CFDs (contract for differences) fall under the umbrella of derivative products, an effective low-cost trading vehicle. While CFDs do not grant shareholder privileges, active CFD positions may receive a dividend if executed before the ex-dividend date.
What is the difference between CFD and Shares?
What is the difference
between CFD and Shares?
Each investor owning shares of a company is also owning fragments of the company. A quite simple way to explain what a stock is is basically when a company divides itself into several shares and then it makes a part of these equities available to the public, at a price. Each investor owning shares of a company is owning fragments of the company.
While shares represent units of ownership within a company Contracts for Difference (CFDs) allow traders to speculate on the future share price fluctuations of an underlying asset. Thus when trading CFDs traders do not physically own the underlying asset. CFDs are available for a range of underlying assets, such as shares, commodities, and foreign exchange, and indices.
What are the most traded share CFDs?
What are the most
traded share CFDs?
Supply and demand are the main two pillars of share price sharping. The economic situation of countries, in addition to geopolitical risks and instability, can undoubtedly affect trade, financial flow, and consequently the share CFDs prices. In such situations the stock market price fluctuations can be excessively strong, creating opportunities for traders to generate returns investing on the foreign exchange but also excessive risks.
Thus, some well-performing companies offer more opportunities to traders due to their stable, smooth, and less volatile share price movement in the markets. Some of the top traded share CFDs represent the trending industries.
Technology companies such as Tesla Inc, Apple, Microsoft, and Facebook are some of the trader’s favorite shares to trade according to Investing.com. While some of the biotech representatives that have entered the top traded list of the global markets are Moderna, Pfizer, and Johnson & Johnson.
What factors should I consider when trading Share CFDs?
What factors should I
consider when trading
Share CFDs?
The main two driving forces of the forex currency market‘s volatility are supply and demand, placing the share CFDs trading amongst the most distinct volatility performers in the markets.
The economic situation of countries and unions, in addition to geopolitical risks and instability, can undoubtedly affect trade, financial flow, and consequently the interest rate of currencies, economies, and companies. In such situations the stock market price fluctuations can be excessively strong, creating opportunities for traders to generate returns investing on the share CFDs.
For instance, the current global pandemic situation has resulted in traders’ interest turning towards pharmaceutical and biotech companies, delivery and transportation as well as streaming and production services.