CGN Mining Company Limited’s (HKG:1164) stock price dropped 6.1% last week; private companies would not be happy
Key Insights
- The considerable ownership by private companies in CGN Mining indicates that they collectively have a greater say in management and business strategy
- The largest shareholder of the company is China General Nuclear Power Corporation with a 57% stake
- 13% of CGN Mining is held by Institutions
To get a sense of who is truly in control of CGN Mining Company Limited (HKG:1164), it is important to understand the ownership structure of the business. And the group that holds the biggest piece of the pie are private companies with 57% ownership. Put another way, the group faces the maximum upside potential (or downside risk).
And last week, private companies endured the biggest losses as the stock fell by 6.1%.
In the…
