China Gas Holdings Ltd (384)

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China Gas Holdings Ltd Profile

China Gas Holdings Ltd (384.xhkg) is a Chinese midstream energy firm exploring, acquiring, and developing oil and natural gas resources headquartered in Hong Kong, China. The company is engaged in the distribution of natural gas in 273 Chinese cities and has 38.500 employees. China Gas Holdings Ltd is traded on the Hong Kong Stock Exchange (SEHK), and its current market cap is $138.47B (USD). In June, a blast killed 25 people, injured 138 in a residential community, and destroyed a food market building. Eight employees at the China Gas Holdings unit in Shiyan, Central China, have been detained by police following the fatal gas pipeline explosion. The event has deepened China Gas Holdings Ltd’s (384.xhkg) share value in the markets.

Holding cost
Long
-5%
Short
-2.5%
Trading hours in HK Time
Fri
09:00-16:00
Mon
09:00-16:00
Tue
09:00-16:00
Wed
09:00-16:00
Thu
09:00-16:00
Sun
Closed
Sat
Closed

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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.

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Source - database | Page ID - 22843

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