SHANGHAI (AFX-ASIA) – China Yangtze Power Co Ltd (SHA 600900) will not resort entirely on the equity markets for future financing needs related to the acquisition of power generators from its parent worth over 100 billion yuan, the International Finance News reported. (US$1=8.27 yuan). The report quoted Yangtze Power general manager Yi Yong’an as saying…
CHINA: Yangtze Power diversifying away from equity for future financing
Posted on December 8, 2003 by EnergyAsia