Late March, SOE-backed power play China Resources Power Holdings Co Ltd. (836 HK) announced it intends to spin off its energy unit via an A-share listing. Shares gained 4.9% on the news - gains which were promptly given back over the ensuing fortnight.
CR Power (836 HK): Upside From Clean Energy…
Late March, SOE-backed power play China Resources Power Holdings Co Ltd. (836 HK) announced it intends to spin off its energy unit via an A-share listing. Shares gained 4.9% on the news - gains which were promptly given back over the ensuing fortnight.