A China Resources New Energy Group electrical substation at one of its wind turbine locations in Shantou, Guangdong. Photo: Bloomberg

China Resources needs to win over merger sceptics

Independent shareholders of China Resources Power (CRP) and sister firm China Resources Gas (CRG) are unlikely to vote in favour of their proposed merger unless the firms can provide more details about proposed post-merger investment into riskier new projects and quantify cost savings, analysts s