Stockbroker CLSA Asia Pacific Markets has maintained its “buy” call on Hongkong-listed Datang International Power (991HK), endorsing the utility’s acquisition of a 28% stake in Ta Shan mine in coal-rich Shanxi province as boosting the firm’s “strategic value”. “At an investment cost of 210 million yuan, the deal is cheap and will provide the company…
CHINA: CLSA maintains “buy” on Hong Kong-listed Datang International Power
Posted on July 15, 2004 by EnergyAsia