HK Stock Market Move | Tianjin Capital Environmental Protection Group (01065) rose more than 8% in early trading, with the company recovering 1.989 billion yuan in historical accounts receivable, which is expected to have a positive impact on the full-year performance.

Tianjin Capital Environmental Protection Group (01065) rose more than 8% in early trading, up 8.37% to HKD 4.53 as of the time of writing, with a turnover of HKD 257.016 million. On the news front, Tianjin Capital Environmental Protection Group announced that in order to support the company's stable development and effectively solve the historical arrears of accounts receivable, the Tianjin Water Bureau has recently made a one-time payment of RMB 1.989 billion to the company to resolve the company's historical accounts receivable issues on the basis of the disbursement of this year's sewage treatment service fee. The announcement stated that the collection of the outstanding accounts receivable this time can improve the company's cash flow, increase the company's income, and have a positive impact on the company's operating performance and financial condition in 2025, subject to the specific information disclosed in the company's periodic reports.