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[China Water's share price rose 8% against the marketluckybirdcasino50freespins.99% benefited from the national water price trend] China Water (stock code: XXXXXX)'s share price rose sharply against the market in early trading todayluckybirdcasino50freespins, hit a high of HK$5.97. So far, the stock price has climbed to HK$5.70, and the trading volume has reached HK$52.81181 million. China-Thailand International's latest research report pointed out that the "Infrastructure and Public Utilities Franchise Management Measures" issued by six ministries and commissions including the National Development and Reform Commission will provide policy support to local governments and is expected to promote the granting of more tap water projects to private enterprises for operation. Based on the principle of user pays, tap water pricing will be more market-oriented in the future, leaving more room for water price increases. The report further analyzed that China Water, as a leading company in the industry, will benefit from the general trend of upward price increases across the country. With the advancement of market-oriented reform of water prices, China Water's profitability is expected to further improve, bringing considerable returns to investors.
