Xinyi Energy Holdings Limited 3868

Xinyi Energy Holdings (SEHK:3868) has agreed, alongside parent Xinyi Solar, to sell 51% of Xinyi Solar Tianjin in a deal described as improving efficiency and asset management while preserving strategic control. See our latest analysis for Xinyi Energy Holdings. That backdrop helps explain why the latest restructuring move comes as the share price sits at HK$1.15, with a strong year to date share price return of 49.35% and a weak five year total shareholder return of minus 71.68%. This...