According to the Wisdom Financial App, China Water (00855) rose nearly 5%. As of the press release, it rose 4.82% to HKD 6.52, with a turnover of HKD 17.605 million.
Recently, the international authority index institution Morgan Stanley Capital International (MSCI) upgraded China Water's ESG rating from BBB to A.
Soochow Securities believes that raising the price of water supply can increase profits, and the improvement of sewage with price can optimize the cash flow model, driving long-term growth and valuation doubling.