Smoke rises from a coal-fired power plant near Hengshui in China's Hebei province. Datang International on Wednesday agreed to buy three wholly-owned regional units in Hebei, Anhui and Heilongjiang provinces from parent China Datang Group. Photo: AFP

Hong Kong-listed Datang plunges after deal to buy parent’s loss-making power plants

Analyst says investors are worried the deal will pile on losses for the company

Topic |   Energy

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Smoke rises from a coal-fired power plant near Hengshui in China's Hebei province. Datang International on Wednesday agreed to buy three wholly-owned regional units in Hebei, Anhui and Heilongjiang provinces from parent China Datang Group. Photo: AFP
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