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  • September 2, 2014
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  1. Business - Commodities - ENERGY

    Solar stocks shine as Beijing raises target

    Posted Aug 06th 2014, 03:11pm by Eric Ng

    ... Eric Ng eric.mpng@scmp.com Solar stocks shine as Beijing raises target Shares of the mainland's solar panel makers and solar farm developers rose yesterday after the energy regulator ... panel parts and raw material polysilicon, gained 1.5 per cent to end at HK$2.64. Solar farm installation engineering firm China Singyes Solar Technologies Holdings jumped 5.9 per cent ...

    http://www.scmp.com/business/commodities/article/1567623/solar-stocks-shine-beijing-raises-target
  2. Business - Companies - ENERGY

    GCL shares shine as solar panel demand drives profit turnaround

    Posted Aug 29th 2014, 01:08pm by Eric Ng

    ... to HK$900.4 million, compared with a loss of HK$917.3 million a year earlier, the Jiangsu-based firm, controlled by entrepreneur Zhu Gongshan, said in a filing to the Hong Kong stock exchange. ... Eric Ng eric.mpng@scmp.com Shares of GCL-Poly Energy, the world’s largest producer of solar panel raw materials polysilicon and solar wafers, rose 4.5 per cent to HK$2.80 in morning trade ...

    http://www.scmp.com/business/companies/article/1581671/gcl-shares-shine-solar-panel-demand-drives-profit-turnaround
  3. Business - China Business - ENERGY

    Datang International’s chemical production losses widen to 1.37b yuan

    Posted Aug 28th 2014, 10:22am by Eric Ng

    ... to HK$4.22 in early trade on Thursday after it posted a 0.5 per cent increase in first-half net profit to 2.03 billion yuan (HK$2.6 billion) on Wednesday night. Higher power generation profit ... its hydroelectric plants were located, the firm said in a filing to Shanghai’s stock exchange. Operating profit of Datang International’s power generation operation rose 46 per cent to 5.5 ...

    http://www.scmp.com/business/china-business/article/1581383/datang-internationals-chemical-production-losses-widen-137b
  4. Business - Commodities - ENERGY

    Power generators rally on price cut

    Posted Aug 27th 2014, 02:31pm by Eric Ng

    ... As of 11:05am, Huaneng Power International gained 3.6 per cent to HK$8.92, Datang International Power Generation advanced 4.4 per cent to HK$4.28, Huadian Power International climbed 2.1 per cent to HK$5.25 and China Power International Power Development, 2 per cent to HK$3.57. Industry and energy price regulator National Development and Reform Commission announced last night that from ...

    http://www.scmp.com/business/commodities/article/1581132/power-generators-rally-price-cut
  5. Business - Commodities - ENERGY

    ENN Energy on track to meet target

    Posted Aug 26th 2014, 09:28am by Eric Ng

    ... for full-year net profit growth. On Friday, ENN Energy posted a 19.6 per cent year-on-year rise in first-half pre-tax profit to 2.09 billion yuan (HK$2.63 billion), excluding an accounting loss ... on Monday to close at HK$56.80, and was trading 2.1 per cent lower at 11.31am on Tuesday at HK$55.60.  ...

    http://www.scmp.com/business/commodities/article/1580734/enn-energy-track-meet-target
  6. Business - Commodities - ENERGY

    State firms seek tech help to tap China shale gas

    Posted Aug 25th 2014, 03:33am by Eric Ng, BIEN PEREZ

    ... interest in investing in Sinopec's fuel distribution unit, Sinopec Sales, which it plans to separately list on the stock market. Sinopec said on Friday it had signed a preliminary agreement ...

    http://www.scmp.com/business/commodities/article/1580452/state-firms-seek-tech-help-tap-china-shale-gas
  7. Business - Commodities - ENERGY

    Solar project fails as Australian government reviews clean energy

    Posted Aug 20th 2014, 01:34am by BLOOM

    ... to a statement from Solar Systems, a unit of New South Wales-based Silex, and the Australian Renewable Energy Agency. Funding for A$75 million (HK$539.15 million) of conditional support from ...

    http://www.scmp.com/business/commodities/article/1577225/solar-project-fails-australian-government-reviews-clean-energy
  8. Business - Commodities - ENERGY

    Coal prices set to stay low on mainland China for next 12 months

    Posted Aug 18th 2014, 04:01am by Eric Ng

    ... first-half profit fell 44 per cent from a year before to 51.3 billion yuan (HK$64.48 billion). Of the 36 large miners tracked by the association, 20 were in the red, nine are close to breaking even ...

    http://www.scmp.com/business/commodities/article/1575682/coal-prices-set-stay-low-mainland-china-next-12-months
  9. Business - Commodities - ENERGY

    Gas distributors fall on imminent price increase

    Posted Aug 13th 2014, 11:24am by Eric Ng

    ... Investors are concerned the firms may have difficulty in passing on the higher cost to end-users. ENN Energy led the decline with a drop of 4.1 per cent to HK$57 at 10.22am. China Resources Gas lost 1.7 per cent to HK$25.35, while Beijing Enterprises slid 1.8 per cent to HK$72.05, and China Gas eased 0.5 per cent to HK$15.72. The Hang Seng Index was up 0.3 per cent. The National ...

    http://www.scmp.com/business/commodities/article/1572706/gas-distributors-fall-imminent-price-increase
  10. News - Hong Kong - ENERGY

    Smaller rise in power rates next year, says CLP

    Posted Aug 15th 2014, 04:06am by CHEUNG CHI-FAI

    ... Yu Yuen-ping said. Beyond 2015, further rises- of between 3.9 and 7.9 per cent each year- are forecast until 2018. HK Electric, which serves Hong Kong Island and Lamma, has pledged to freeze tariffs for five years until 2018. At the start of this year, CLP's power tariffs in Kowloon and the New Territories rose by 3.9 per cent to HK$1.10 per kilowatt-hour. Notwithstanding ...

    http://www.scmp.com/news/hong-kong/article/1573748/smaller-rise-power-rates-next-year-says-clp

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