China Resources Gas Group Ltd (1193) (FDX)

China Resources Gas Group Ltd (1193) (FDX)

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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.

Holding cost
Trading hours in US Eastern Time
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Share CFD Trading FAQ

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 acciones, commodities, y foreign exchange, y índices.

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