Trade Shanghai Electric Group Company Limited - 2727 CFD

Trading Conditions
Spread0.060
Long position overnight fee
Long position overnight fee

Margin. Your investment
HK$1,000.00
Overnight fee
Charges from full value of position
-0.022639 %
(-HK$0.91)

Trade size with leverage ~ HK$5,000.00

Short position overnight fee ~ HK$4,000.00


-0.022639%
Short position overnight fee
Short position overnight fee

Margin. Your investment
HK$1,000.00
Overnight fee
Charges from full value of position
0.000721 %
(HK$0.03)

Trade size with leverage ~ HK$5,000.00

Short position overnight fee ~ HK$4,000.00


0.000721%
Overnight fee time21:00 (UTC)
CurrencyHKD
Min traded quantity1
Margin20
Stock exchangeHong Kong
Commission on trade10%

1Our charge for executing your trade is the spread, the difference between the buy and sell price. Please consult the Charges and Fees section of our website for further information

Key Stats
Prev. Close1.705
Open1.605
1-Year Change-23.35%
Day's Range1.565 - 1.605

Shanghai Electric Company profile

About Shanghai Electric Group Company Limited

Shanghai Electric Group Company Limited is principally engaged in design, manufacture and distribution of electric power and industrial equipment. The Company's main business is new energy business, including the manufacture and sale of wind turbines and components and nuclear power equipment; efficient and clean energy business, including the manufacture and sale of thermal power equipment and power transmission and distribution equipment; industrial equipment, including the manufacture and sale of elevators and motors; modern service industry, including the contracting of construction projects of thermal power and transmission and distribution projects, as well as other businesses. The Company mainly operates its businesses in domestic and overseas markets.

Financial summary

BRIEF: For the nine months ended 30 September 2021, Shanghai Electric Group Company Limited revenues increased 13% to RMB93.53B. Net loss totaled RMB4.42B vs. income of RMB2.35B. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net loss reflects Credit impairment loss increase from RMB1.08B to RMB7.07B (expense).