EcoCeres, a Hong Kong renewable fuel “unicorn” company incubated by HK & CHINA GAS (00003.HK) +0.010 (+0.165%) Short selling $29.11M; Ratio 27.038% which is also a strategic shareholder, is planning to list in Europe, raising a reported US$500 million to US$1 billion, with a target valuation of US$5 billion, Bloomberg quoted sources as saying. If EcoCeres is listed in Europe, it will become the first HK & CHINA GAS company to be listed overseas and the second listed company after TG SMART ENERGY (01083.HK) -0.030 (-0.990%) Short selling $2.40M; Ratio 28.091% .(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-02-21 12:25.)Related NewsM Stanley Lists Latest Targets for Base Cases of HSI & HSCEI, Valuation Forecasts (Table)