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Examples
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In July 2006, Huaneng Power International, which is China’s largest listed electricity generation company, started operations at a new natural gas-fired power plant in Shanghai.
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Stock such as Huaneng Power International , listed in New York, stand to benefit.
Betting as Beijing and Brasilia Backtrack Liam Denning 2011
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Huadian Power International rose 1.6%; Huaneng Power International climbed 2%.
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Huaneng Power International , with even higher exposure to spot coal prices, also should benefit if the economy slows.
Stocks to Pick Up if China Fizzles Liam Denning 2011
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China Yangtze Power was up 3.9% and Huaneng Power International up 1.9%.
Asia Markets Trim Losses; Tokyo Down 0.5% Colin Ng 2011
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Huaneng Power International was up 3.5% in Hong Kong and 2.5% in Shanghai after the company announced that it agreed to acquire a 50% stake in Shanghai Time Shipping from its sister company Huaneng Energy & Communications Holding for 1.06 billion yuan US$159.1 million, as well as a 30% stake in Hainan Nuclear Power from parent company China Huaneng Group for 174 million yuan.
Asian Shares Higher; Cyclical Plays Rise in China, Sydney Colin Ng 2010
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In mainland China, power and property-related stocks extended gains, with Huaneng Power International rising 4.3% and Poly Real Estate Group gaining 2.4%.
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Power and property stocks extended gains, with Huaneng Power International rising 4.3% and Poly Real Estate Group gaining 2.4%.
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Among other notable gainers, Huaneng Power International jumped 9%, Anhui Wanwei Hi-Tech Material Industry added 6.5% and Citic Securities climbed 6.1%.
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Power generators fell sharply after Huaneng Power International said it expects its first-quarter net profit to fall more than 50% due to a significant increase in thermal coal prices.
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