HK Stock Market Move | EB ENVIRONMENT(00257) up more than 4% in midday trading, the company continues to advance the A+H listing, which is beneficial for future overseas expansion strategy.

EB ENVIRONMENT rose more than 4% during trading, and at the time of writing, it had risen by 3.53%, reaching 4.99 Hong Kong dollars, with a turnover of 1.15 billion Hong Kong dollars. In terms of news, in November of last year, EB ENVIRONMENT announced its plans to issue no more than 800 million RMB shares on the Shenzhen Stock Exchange. On December 26th, the website of the China Securities Regulatory Commission showed that EB ENVIRONMENT had completed the guidance filing registration with the Shenzhen Securities Regulatory Bureau, initiating the listing guidance. Guangyin International released a research report stating that if EB ENVIRONMENT could successfully list both in A shares and H shares, it would not only help enhance the company's long-term value, but also open up financing channels in the A-share market. Tianfeng believes that this issuance can provide more sufficient funding reserves for the company's future overseas expansion. They continue to have a positive outlook on China's waste incineration industry going overseas.