https://www.scmp.com/rss/192613/feed China Resources Power Holdings was incorporated and registered in Hong Kong in 2001. It is a subsidiary of China Resources Holdings, a conglomerate in China and Hong Kong. Its business is focuses on developing, operating and managing coal-burning power plants in China, including Beijing, Hebei, Henan, Liaoning, Shandong, Jiangsu, Anhui, Zhejiang, Hubei, Hunan, Guangdong and Yunnan. en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Shares of Chinese coal-fired power generators surged as much as 6 to 8 per cent on expectations of a wholesale power price increase next month, which is likely to bolster profits that have been dented by surging coal costs in the past two years. The increase in the benchmark power price will coincide with the cancellation or reduction of various government levies borne by state-owned power distributors and end-users, a move aimed at cutting manufacturers’ energy cost. Based on both factors, Citi... https://www.scmp.com/business/companies/article/2099579/impending-energy-price-rise-boosts-shares-chinese-power-producers?utm_source=rss_feed https://www.scmp.com/business/companies/article/2099579/impending-energy-price-rise-boosts-shares-chinese-power-producers?utm_source=rss_feed Thu, 22 Jun 2017 12:21:53 +0000 Song Lin, the former chairman of a state-owned conglomerate that controls the most number of publicly traded units in Hong Kong, has been sentenced to jail and fined for corruption, becoming one of the most senior managers of the city’s Chinese companies to be brought down by financial misdemeanours. Song, 54, was sentenced to 14 years in jail and fined 4 million yuan by a Guangzhou court for financial crimes valued at 23.3 million yuan, Xinhua News Agency reported. The property and money that... https://www.scmp.com/business/companies/article/2096544/chinese-conglomerates-ex-chair-gets-14-years-jail-corruption?utm_source=rss_feed https://www.scmp.com/business/companies/article/2096544/chinese-conglomerates-ex-chair-gets-14-years-jail-corruption?utm_source=rss_feed Thu, 01 Jun 2017 10:48:20 +0000 Shares in China Resources Power dropped as much as 5.5 per cent after it was announced that the temporary suspension of president Wang Yujun, under criminal detention on corruption allegations, had been made permanent. The stock ended the morning session on Monday at HK$22.60, down from Friday’s close of HK$22.90. It shed 5.5 per cent to HK$21.65 soon after the market opened. CR Power is the power generation subsidiary of state-owned retailing-to-energy conglomerate China Resources... https://www.scmp.com/business/china-business/article/1597915/china-resources-power-drops-after-presidents-departure-amid?utm_source=rss_feed https://www.scmp.com/business/china-business/article/1597915/china-resources-power-drops-after-presidents-departure-amid?utm_source=rss_feed Mon, 22 Sep 2014 05:29:51 +0000 Shares of China Resources Power Holdings, whose board has been accused by minority shareholders of breaching its fiduciary duties by causing the company to enter into problematic mining deals, rose 2.48 per cent to end at HK$22.75 yesterday after it booked HK$2 billion of impairments on its coal mining assets and said a further write-down was unlikely. The shares traded as high as HK$22.80 and within sight of the 52-week peak at HK$23. It was the loftiest close for the stock since settling at... https://www.scmp.com/business/companies/article/1576620/crp-posts-h1-profit-rise-takes-hk2-billion-coal-charge?utm_source=rss_feed https://www.scmp.com/business/companies/article/1576620/crp-posts-h1-profit-rise-takes-hk2-billion-coal-charge?utm_source=rss_feed Tue, 19 Aug 2014 01:35:51 +0000 Minority shareholders of China Resources Power Holdings (CRP) plan a fresh lawsuit against the firm's directors if they can raise sufficient funds, sources close to the case told the South China Morning Post. The sources said these shareholders - who withdrew their lawsuit in January - are negotiating the amount of court fees payable by them for the previous round of court hearings, and do not rule out initiating a new lawsuit against the directors if they can raise sufficient funds. These... https://www.scmp.com/business/companies/article/1504442/fresh-lawsuit-against-china-resources-power-looms?utm_source=rss_feed https://www.scmp.com/business/companies/article/1504442/fresh-lawsuit-against-china-resources-power-looms?utm_source=rss_feed Sun, 04 May 2014 21:45:00 +0000 A former mayor in Shanxi, who was sacked for failing to curtail illegal mining operations in his city, has turned out to be a key figure in helping China Resources to make inroads in the coal-rich province. Yan Guoping, former mayor of Fenyang, remained listed on China Resources Power's website as a top executive of its coal business. But his superior, China Resources' disgraced chairman Song Lin, and a few of the group's top executives, have been probed by the authorities over the past two... https://www.scmp.com/news/china/article/1498671/sacked-shanxi-mayor-linked-china-resources-power-mine-acquisitions?utm_source=rss_feed https://www.scmp.com/news/china/article/1498671/sacked-shanxi-mayor-linked-china-resources-power-mine-acquisitions?utm_source=rss_feed Sun, 27 Apr 2014 21:02:40 +0000 China Resources Power played down a recent call by two of its senior executives for Hong Kong to "nationalise" local power supply assets after it posted a 47 per cent profit rise for last year. President Wang Yujun said the opinion expressed by Li Jinying, deputy general manager of its new energy business, and Tan Xinjian, head of its nuclear power operation, to the Hong Kong government at a meeting in September was purely their own. "These are their personal opinion, not that of the company,"... https://www.scmp.com/business/commodities/article/1451160/crp-has-no-plans-play-hong-kongs-power-game?utm_source=rss_feed https://www.scmp.com/business/commodities/article/1451160/crp-has-no-plans-play-hong-kongs-power-game?utm_source=rss_feed Mon, 17 Mar 2014 17:11:44 +0000 Six minority shareholders of China Resources Power have withdrawn their claim of a breach of fiduciary duties by the firm's directors after the High Court judge rejected an application to add new allegations to the original complaint. Mr Justice Jeremy Poon Shiu-chor said the six could bring a new case with fresh allegations, but one of the shareholders said the group would find it hard to fund a new court action. The shareholders wanted the court to consider in the original action, launched in... https://www.scmp.com/business/companies/article/1399789/shareholders-drop-suit-against-china-resources-power-directors?utm_source=rss_feed https://www.scmp.com/business/companies/article/1399789/shareholders-drop-suit-against-china-resources-power-directors?utm_source=rss_feed Tue, 07 Jan 2014 07:19:29 +0000 Minority shareholders of China Resources Power Holdings (CRP) have accused its directors of lying about the extent of its control over a coal joint venture, which was the centre of alleged breach of fiduciary duties by directors, the High Court heard. Edward Chan, SC for six minority shareholders, told the court a letter supposedly written by CRP to Shanxi's Department of Land and Resources in 2010 said a wholly owned unit of CRP signed a "trust co-operation agreement" with Citic Trust in April... https://www.scmp.com/business/china-business/article/1399381/crp-directors-accused-lying-about-joint-venture?utm_source=rss_feed https://www.scmp.com/business/china-business/article/1399381/crp-directors-accused-lying-about-joint-venture?utm_source=rss_feed Mon, 06 Jan 2014 17:45:00 +0000 The Hong Kong High Court will today hear a petition by six minority shareholders of China Resources Power demanding the company sue its directors for alleged breach of fiduciary duties. The petition relates to an ill-fated acquisition of assets connected to coal production in Shanxi province. The shareholders have accused 20 existing and former directors of hurting shareholders' interest by failing to take action to cancel the deal and recover amounts that had been paid after the assets' seller... https://www.scmp.com/business/china-business/article/1326586/court-hear-case-against-crp-bosses?utm_source=rss_feed https://www.scmp.com/business/china-business/article/1326586/court-hear-case-against-crp-bosses?utm_source=rss_feed Mon, 07 Oct 2013 16:00:00 +0000 Senior executives of China Resources Power maintain they are not aware of any irregularities concerning a controversial acquisition of coal mines in 2010. Company president Wang Yujun said yesterday the firm had no plan to invest in more coal mines, after setbacks due to Shanxi provincial government policies that delayed resumption of mine production after a period of industry consolidation. "Since we invested in the three mines in Gujiao, Shanxi, in 2010 on invitation from the local government,... https://www.scmp.com/business/commodities/article/1297911/china-resources-power-bosses-deny-coal-mine-purchase-fraud?utm_source=rss_feed https://www.scmp.com/business/commodities/article/1297911/china-resources-power-bosses-deny-coal-mine-purchase-fraud?utm_source=rss_feed Mon, 19 Aug 2013 16:00:00 +0000 The mystery of alleged negligence by management of China Resources Power in the firm's 2010 acquisition of coal-mining assets in Shanxi province has grown murkier. Official documents show that exploration rights of two mines were transferred by the seller to CRP late last month. The documents could be used as evidence by lawyers representing six CRP minority shareholders to bolster their allegations of mismanagement in a petition to be heard today in Hong Kong's High Court. "The documents show... https://www.scmp.com/business/companies/article/1294358/more-questions-raised-crp-case?utm_source=rss_feed https://www.scmp.com/business/companies/article/1294358/more-questions-raised-crp-case?utm_source=rss_feed Sun, 04 Aug 2013 16:00:00 +0000 An independent mainland investigator with ambitious plans to topple the chairman of one of the country’s largest state-owned conglomerates with corruption charges has announced he would visit Hong Kong’s top anti-graft bodies on Monday and turn over evidence on alleged mismanagement, negligence and corrupt activities involving dozens of senior corporate executives. Li Jianjun, 36, a chain-smoking former investigative reporter from the coal-rich province of Shanxi, held court in his hotel room in... https://www.scmp.com/news/china/article/1294235/ex-journalist-take-china-resources-corruption-files-hong-kong?utm_source=rss_feed https://www.scmp.com/news/china/article/1294235/ex-journalist-take-china-resources-corruption-files-hong-kong?utm_source=rss_feed Sun, 04 Aug 2013 08:06:31 +0000 Nearly a week after a whistle-blower publicly accused the management of China Resources Power of negligence in a major acquisition of coal assets, investors are nowhere nearer to learning the reality of what may have gone astray. CRP denied last Thursday that its joint venture had massively overpaid for the three mines and ancillary assets it bought in 2010, saying the deal was struck after "arm's length negotiations" and that it had paid less than the assets' appraised value. The management of... https://www.scmp.com/business/companies/article/1289414/china-resources-investors-await-answers-after-overpaying?utm_source=rss_feed https://www.scmp.com/business/companies/article/1289414/china-resources-investors-await-answers-after-overpaying?utm_source=rss_feed Tue, 23 Jul 2013 16:00:00 +0000 Shareholders of China Resources Power saw HK$4 billion added to the value of their holdings yesterday as the company's stock jumped 5 per cent after a merger deal with China Resources Gas lapsed. Some 64 per cent of CR Power's independent shareholders voted against the deal yesterday, in a result widely expected. The company is banned from trying to revive the deal in the next 12 months. CR Power shares sank after the deal to acquire a 30 per cent stake in CR Gas was announced on May 10, losing... https://www.scmp.com/article/1288423/china-resources-power-shareholders-reject-merger?utm_source=rss_feed https://www.scmp.com/article/1288423/china-resources-power-shareholders-reject-merger?utm_source=rss_feed Mon, 22 Jul 2013 06:43:48 +0000 A proposal to merge China Resources Power Holdings (CRP) and sister firm China Resources Gas Group (CRG) is unlikely to win CRP shareholders' support today, regardless of allegations of management negligence on a coal assets investment, analysts say. That is because the merged entity plans to engage in higher-risk upstream natural gas resources exploration, production and processing projects, but has not given sufficient details about the new ventures to allay investors' concerns about their... https://www.scmp.com/business/companies/article/1287955/crp-shareholders-set-reject-crg-merger?utm_source=rss_feed https://www.scmp.com/business/companies/article/1287955/crp-shareholders-set-reject-crg-merger?utm_source=rss_feed Sun, 21 Jul 2013 16:00:00 +0000 There couldn't be a better tombstone to mark the 20th anniversary of the listing of mainland state-owned enterprises (SOEs) in Hong Kong than the handling of the graft allegations against Song Lin, chairman of China Resources. It would read: "State firms have grown big enough - in relative and absolute terms - that no one in our financial arena dares to touch them until Beijing comes in." The allegation that listed subsidiary China Resources Power (CRP) had overpaid for some Shanxi mines was... https://www.scmp.com/business/china-business/article/1286577/are-state-owned-companies-now-too-big-touch?utm_source=rss_feed https://www.scmp.com/business/china-business/article/1286577/are-state-owned-companies-now-too-big-touch?utm_source=rss_feed Fri, 19 Jul 2013 16:00:00 +0000 Beijing has launched an audit of China Resources (Holdings) after top managers of the conglomerate's electricity unit were accused of causing a major loss of state assets by overvaluing some mining assets it acquired. Xinhua yesterday quoted an unnamed official at the State-owned Assets Supervision and Administration Commission (Sasac) as saying that it had noticed media reports about the case, adding that "relevant authorities" were conducting an audit of China Resources. "Sasac will take... https://www.scmp.com/news/china/article/1286604/beijing-launches-audit-china-resources-holdings?utm_source=rss_feed https://www.scmp.com/news/china/article/1286604/beijing-launches-audit-china-resources-holdings?utm_source=rss_feed Fri, 19 Jul 2013 16:00:00 +0000 The Communist Party's anti-graft watchdog said yesterday it was processing a whistle-blower's complaint about alleged negligence in an acquisition by China Resources Power Holdings (CRP), as the company hit back. The People's Daily reported that the Central Commission for Discipline Inspection had confirmed it had received the complaint. "Please be patient," it quoted an unnamed commission official as saying. In Hong Kong, six small shareholders stepped up their campaign to seek compensation... https://www.scmp.com/news/china/article/1285417/shareholders-sue-china-resources-directors-over-deal?utm_source=rss_feed https://www.scmp.com/news/china/article/1285417/shareholders-sue-china-resources-directors-over-deal?utm_source=rss_feed Thu, 18 Jul 2013 08:48:20 +0000 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 said. While the firms said their proposed merger into a new entity called CR Energy Group would create "the largest Hong Kong-listed, mainland-focused integrated energy utility", analysts said bigger... https://www.scmp.com/business/china-business/article/1257413/china-resources-needs-win-over-merger-sceptics?utm_source=rss_feed https://www.scmp.com/business/china-business/article/1257413/china-resources-needs-win-over-merger-sceptics?utm_source=rss_feed Sun, 09 Jun 2013 16:00:00 +0000 China Resources Power (CRP) and China Resources Gas (CRG), which have a combined market value of HK$170 billion, are in talks on a possible merger to form an energy major under state-owned China Resources (Holdings). Trading of the two companies' shares was suspended yesterday pending an announcement on the proposed merger, they said in a statement filed with Hong Kong's stock exchange. No further details were provided. A person close to the deal said the announcement was expected to be made in... https://www.scmp.com/business/companies/article/1231833/cr-power-cr-gashold-talks-merger?utm_source=rss_feed https://www.scmp.com/business/companies/article/1231833/cr-power-cr-gashold-talks-merger?utm_source=rss_feed Mon, 06 May 2013 16:00:00 +0000 China Resources Power expects this year's fuel cost per unit of output to fall at least 5 per cent while electricity price will be stable, which will bode well for its profitability. The electricity arm of state-backed China Resources (Holdings) yesterday posted a net profit of HK$7.48 billion for last year, up 68 per cent from 2011 and 7.8 per cent higher than the HK$6.93 billion average estimate of 25 analysts polled by Thomson Reuters. Excluding foreign-exchange gains or losses, underlying... https://www.scmp.com/business/companies/article/1194097/falling-fuel-cost-lifts-hopes-cr-power?utm_source=rss_feed https://www.scmp.com/business/companies/article/1194097/falling-fuel-cost-lifts-hopes-cr-power?utm_source=rss_feed Mon, 18 Mar 2013 16:00:00 +0000 China Resources Power Holdings, the most profitable Hong Kong-listed mainland power producer, saw its share price rise 4.9 per cent after it posted a 20.8 per cent rise in first-half profit and tipped better second-half profitability on lower coal costs. The company, which operates 59 power plants across the mainland with a total generation capacity of 22.44 gigawatts - roughly 2 per cent of the industry's capacity - had a net profit of HK$3 billion for the year's first six months, up from... https://www.scmp.com/business/china-business/article/1019470/lower-coal-prices-fuel-higher-profits-china-resources-power?utm_source=rss_feed https://www.scmp.com/business/china-business/article/1019470/lower-coal-prices-fuel-higher-profits-china-resources-power?utm_source=rss_feed Mon, 20 Aug 2012 16:00:00 +0000 China Resources Power Holdings (CRP) is in acquisition talks with several private coal miners, as it believes falling coal prices will put pressure on small miners to consider selling out amid an industry consolidation that favours larger players. Beijing-based CRP, the most profitable listed mainland power producer, is also diversifying into renewable energy and away from its heavy reliance on coal, as state control over electricity prices and slowing growth in demand continue to squeeze the... https://www.scmp.com/article/1003423/crp-looks-acquire-private-miners?utm_source=rss_feed https://www.scmp.com/article/1003423/crp-looks-acquire-private-miners?utm_source=rss_feed Fri, 08 Jun 2012 16:00:00 +0000 China Resources Power Holdings, the most profitable Hong Kong-listed mainland power producer, expects an improvement in industry profits this year - as long as coal prices don't rebound substantially after a 10 per cent fall in the last few months. The power generation industry benefited from a power price rise averaging 6.8 per cent across the nation, which took effect on December 1. But as Beijing had lifted power prices later and in smaller magnitudes than increases in coal prices - which are... https://www.scmp.com/article/996030/crp-hopeful-boost-profits-power-industry?utm_source=rss_feed https://www.scmp.com/article/996030/crp-hopeful-boost-profits-power-industry?utm_source=rss_feed Mon, 19 Mar 2012 16:00:00 +0000 China Resources Power Holdings defied higher coal costs and belated power price rises to keep profit in the first five months on a par with last year. Wang Xiaobin, chief financial officer of the fourth biggest and most profitable Hong Kong-listed mainland power producer, attributed the stable profit to higher coal output, operating efficiency and wind power production. 'Year to date, our profit has been stable and has even slightly improved from the same period last year,' she said. The company... https://www.scmp.com/article/970123/china-resources-power-plugs-constant-profit?utm_source=rss_feed https://www.scmp.com/article/970123/china-resources-power-plugs-constant-profit?utm_source=rss_feed Wed, 08 Jun 2011 16:00:00 +0000 China Resources Power Holdings, the fourth-largest Hong Kong-listed mainland power producer by installed capacity, plans to buy power plants from its state-owned parent to further beef up its assets, according to company sources. CR Power intended to issue new shares for the assets, part of its plan to double its capacity in three to five years, the sources said. No further details were immediately available. CR Power shares were suspended yesterday during the afternoon break pending a... https://www.scmp.com/article/599256/cr-power-acquire-generators-parent?utm_source=rss_feed https://www.scmp.com/article/599256/cr-power-acquire-generators-parent?utm_source=rss_feed Tue, 03 Jul 2007 16:00:00 +0000 China Resources Power Holdings' principal activity is the investment, development, operation and management of large coal-fired power plants. It is currently the fourth-largest Hong Kong-listed mainland power producer by installed capacity and plans to double its capacity in three to five years. It has been reported that the company plans to achieve this target by building new plants and buying assets from its parent and other domestic firms. Its earnings increased by 32 per cent last year. https://www.scmp.com/article/596282/company-profile-china-resources-power-holdings?utm_source=rss_feed https://www.scmp.com/article/596282/company-profile-china-resources-power-holdings?utm_source=rss_feed Sun, 10 Jun 2007 16:00:00 +0000 Today Final: Neo-China Group (Holdings) Tomorrow Interim: China Oilfield Services August 21 Interim: China Flavors and Fragrances, China Overseas Land & Investment, China Resources Power Holdings, China State Construction International Holdings, CITIC Pacific, Shanghai Real Estate, Skyfame Realty (Holdings), TOM Group Final: Hang Lung Group, Hang Lung Properties, Zhongda International Holdings August 22 Interim: Anhui Conch Cement, Bank of Communications, China Resources Logic, China... https://www.scmp.com/article/560792/results-diary?utm_source=rss_feed https://www.scmp.com/article/560792/results-diary?utm_source=rss_feed Fri, 18 Aug 2006 16:00:00 +0000 The $555.7m outlay adds assets in two provinces under expansion programme China Resources Power Holdings has agreed to purchase its parent's stakes in two power companies for $555.7 million, raising its net operating generation capacity by 11.3 per cent. The acquisitions mark another step by the fast-growing red-chip company, a unit of conglomerate China Resources (Holdings), to expand through building new plants and buying assets. The deals will also help China Resources Power, the... https://www.scmp.com/article/558323/cr-power-acquire-plant-stakes-parent?utm_source=rss_feed https://www.scmp.com/article/558323/cr-power-acquire-plant-stakes-parent?utm_source=rss_feed Fri, 28 Jul 2006 16:00:00 +0000 Today Interim: Hua Han Bio-Pharmaceutical Holdings, Tanrich Financial Holdings, Universe International Holdings Final: China Infrastructure Machinery Holdings, China Resources Power Holdings, China Shineway Pharmaceutical Group, Guangshen Railway, HC International, Hong Kong and China Gas, Lee's Pharmaceutical Holdings, Lijun International Pharmaceutical (Holding), New Universe International Group, PetroChina, Shanghai Jiaoda Withub Information Industrial, Singamas Container Holdings Tomorrow... https://www.scmp.com/article/541172/results-diary?utm_source=rss_feed https://www.scmp.com/article/541172/results-diary?utm_source=rss_feed Sun, 19 Mar 2006 16:00:00 +0000 Macquarie has maintained its 'outperform' rating on China Resources Power after it announced an agreement to sell its 10 per cent stake in Huaneng International Power Development for $2.4 billion, and has increased the target price on the stock to $6.20. The broker says the selling price translates into 1.85 times the net asset value held by CR Power, much higher than expectations. CR Power will book a disposable gain of $1.12 billion in 2005, which lifts the broker's earnings forecast by 58... https://www.scmp.com/article/518703/what-broker-says?utm_source=rss_feed https://www.scmp.com/article/518703/what-broker-says?utm_source=rss_feed Sat, 01 Oct 2005 16:00:00 +0000 Today Interim: Celestial Asia Securities Holdings, China Eastern Airlines Corporation, China Life Insurance, China Resources Peoples Telephone, Chinese Estates Holdings, Datang International Power Generation, Fong's Industries, Great China Holdings, Hainan Meilan International Airport, IPE Group, Playmates Holdings, Pricerite Group, Topsearch International (Holdings), Varitronix International Final: Netel Technology (Holdings), Rontex International Holdings Tomorrow Interim: China Oriental... https://www.scmp.com/article/513967/results-diary?utm_source=rss_feed https://www.scmp.com/article/513967/results-diary?utm_source=rss_feed Sun, 28 Aug 2005 16:00:00 +0000 Under the US$980m deal, the firm will install two generators at Puqi China Resources Power Holdings will sign a preliminary agreement to invest about US$980 million to expand a power plant in Hubei, according to provincial officials. Li Zongbai, director of Hubei's development and reform commission, said yesterday in Hong Kong that the investment would cover two generators of 600,000 kilowatts (kW) each, to be installed as the second phase of development at the company's Puqi power... https://www.scmp.com/article/460367/china-resources-power-may-boost-hubei-investment?utm_source=rss_feed https://www.scmp.com/article/460367/china-resources-power-may-boost-hubei-investment?utm_source=rss_feed Mon, 21 Jun 2004 16:00:00 +0000 China Resources Power Holdings had a dismal debut yesterday, with its share price slipping 1.78 per cent below its offer price. The independent power producer (IPP), the energy investment flagship of State Council-controlled China Resources (Holdings), finished its first day of trading yesterday at $2.75, the lowest after touching a peak of $3.05. Trading was hectic, with 507.72 million shares worth $1.48 billion changing hands. Brokers said the lacklustre performance was due to the... https://www.scmp.com/article/434448/cr-power-fails-hold-gains-debut?utm_source=rss_feed https://www.scmp.com/article/434448/cr-power-fails-hold-gains-debut?utm_source=rss_feed Wed, 12 Nov 2003 16:00:00 +0000 China Resources Power Holdings chairman Song Lin (left) and Wang Shuai-ting, the deputy chairman and chief executive, toast the stock-market debut of the independent power producer. But by the end of the day the share price had slipped 1.78 per cent from its offer price to finish at $2.75 after hitting a high of $3.05. Trading in the company, the energy investment flagship of State Council-controlled China Resources (Holdings), was hectic as 507.72 million shares worth $1.48 billion changed... https://www.scmp.com/article/434459/china-resources-power-debut?utm_source=rss_feed https://www.scmp.com/article/434459/china-resources-power-debut?utm_source=rss_feed Wed, 12 Nov 2003 16:00:00 +0000