HONG KONG (AFX-ASIA) – Dao Heng Securities expects Huaneng Power International Inc (902.HK) to benefit from possible asset injection from its parents. “We expect Huaneng to be the first to acquire assets from parent. Those acquisitions will further strengthen the company’s long term earnings prospects,” analyst Andrew Tong said in a research note. New acquisitions…
CHINA: Huaneng Power to benefit from new acquisitions – Dao Heng
Posted on April 22, 2003 by EnergyAsia