https://www.scmp.com/rss/209580/feed China Power International Development is listed in Hong Kong with the stock code 2380. It is controlled by China Power Investment Corporation, one of the five large national power generating groups administered by SASAC. en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Shares of China Power International Development (CPID), one of two Hong Kong-listed units of state-owned State Power Investment Corp, tumbled about 6 per cent after it announced it would buy a basket of clean energy assets from the parent for 5 billion yuan in a deal partly financed by a rights share issue. CPID has agreed to pay 4.97 billion yuan to buy hydro, natural gas, wind and solar power projects with total capacity of 1,994 megawatts (MW) and projects under construction of 1,875MW. The... https://www.scmp.com/business/companies/article/2114689/china-power-international-shares-plunge-rights-issue-financed?utm_source=rss_feed https://www.scmp.com/business/companies/article/2114689/china-power-international-shares-plunge-rights-issue-financed?utm_source=rss_feed Tue, 10 Oct 2017 07:00:06 +0000 China Power International Development (CPI), a Hong Kong-listed mainland power-producer, said the price it charged customers might fall to reflect lower coal prices, as it posted a better-than-expected 156 per cent jump in interim profit. "The group will closely monitor the relevant national policies which require tariff adjustments following changes in coal prices, actively strengthen operational risk management and strive for improving the annual results," CPI said in a statement. Chaired by... https://www.scmp.com/business/companies/article/1297111/china-power-international-1h-profit-surges?utm_source=rss_feed https://www.scmp.com/business/companies/article/1297111/china-power-international-1h-profit-surges?utm_source=rss_feed Fri, 16 Aug 2013 05:23:51 +0000 Shares of China Power International Development (CPID) rose 3.89 per cent to close at HK$4.01 yesterday after the company unveiled a 944.62 million yuan purchase of an unfinished coal-fired power plant from its parent firm. The Hong Kong-incorporated company, the smallest of the state-controlled mainland power producers by capacity listed in Hong Kong, said at the weekend it had agreed to pay China Power International Holding 180.32 million yuan cash for 100 per cent of the 600 megawatt (MW)... https://www.scmp.com/article/616355/china-power-reveals-plan-buy-unfinished-plant-parent?utm_source=rss_feed https://www.scmp.com/article/616355/china-power-reveals-plan-buy-unfinished-plant-parent?utm_source=rss_feed Mon, 19 Nov 2007 16:00:00 +0000 China Power International Development's principal activities are the generation and sale of electricity, and the development of power plants in China. Last month, it was reported that the Hong Kong-listed arm of the mainland's fifth-largest power company would aim to make its first overseas investment in a power project ths year. The firm revealed it was in talks to invest in coal-fired power plants in Southeast Asia, possibly to buy existing plants or build new ones. https://www.scmp.com/article/596283/company-profile-china-power-international-development?utm_source=rss_feed https://www.scmp.com/article/596283/company-profile-china-power-international-development?utm_source=rss_feed Sun, 10 Jun 2007 16:00:00 +0000 China Power International Development, the Hong Kong-listed arm of the mainland's fifth-largest power company, aims to make its first overseas investment in a power project this year. The company is in talks to invest in coal-fired power plants in Southeast Asia, possibly buying existing plants or building new ones, chief executive Li Xiaolin said. 'We'll focus on the large-scale ones, those with 600 megawatt-generation units or above,' said Ms Li, daughter of former premier Li Peng. China... https://www.scmp.com/article/591849/china-power-targets-foreign-acquisition?utm_source=rss_feed https://www.scmp.com/article/591849/china-power-targets-foreign-acquisition?utm_source=rss_feed Sun, 06 May 2007 16:00:00 +0000 China Hong Kong Power Development, 50 per cent owned by China Power International Holdings, has received the green light from the central government to supply electricity to Hong Kong from mainland plants but is still awaiting SAR approval. 'We've received formal notices late last year from State Electricity Regulatory Commission and the central government's Hong Kong and Macau Affairs Office that using mainland's resources to supply electricity to Hong Kong are lawful,' Li Xiaolin,... https://www.scmp.com/article/585345/energy-supplier-gets-approval?utm_source=rss_feed https://www.scmp.com/article/585345/energy-supplier-gets-approval?utm_source=rss_feed Fri, 16 Mar 2007 16:00:00 +0000 Firm expects to pay extra 20m yuan on planned borrowings China's decision to raise interest rates to cool economic growth will increase costs for China Power International Development, one of the country's largest independent power producers, says executive vice-president Hu Jiandong. The firm expected to incur extra costs of about 20 million yuan on planned borrowings of three billion yuan after the country's one-year lending rate was raised 27 basis points to 5.85 per cent, he said. The... https://www.scmp.com/article/546757/china-power-forecasts-higher-costs?utm_source=rss_feed https://www.scmp.com/article/546757/china-power-forecasts-higher-costs?utm_source=rss_feed Fri, 28 Apr 2006 16:00:00 +0000 Media firm Vertex Communications & Technology Group is building a war chest for its foray into Hong Kong's electricity market by selling US$4 million worth of bonds to an arbitrage fund. Vertex, through part-owned subsidiary Coastal Power, agreed to issue five-year redeemable convertible bonds to LIM Asia Arbitrage Fund, an Asian hedge investor that specialises in bond arbitrage and which is headed by former director of BZW Asset Management George Long. The fund-raising exercise will help pay... https://www.scmp.com/article/542370/vertex-gears-power-venture-us4m-bond?utm_source=rss_feed https://www.scmp.com/article/542370/vertex-gears-power-venture-us4m-bond?utm_source=rss_feed Tue, 28 Mar 2006 16:00:00 +0000 China Hong Kong Power Development, the joint venture that last month applied to supply electricity in Hong Kong, has finalised its fundamental shareholding details, fixing its initial authorised share capital at $20 million. The joint venture - led by former premier Li Peng's daughter Li Xiaolin - signed an agreement on Wednesday to set up a shareholding structure and to form a nine-member board of directors. Meanwhile, second board-listed media firm Vertex Communications & Technology Group ... https://www.scmp.com/article/535838/power-firm-agrees-share-structure?utm_source=rss_feed https://www.scmp.com/article/535838/power-firm-agrees-share-structure?utm_source=rss_feed Thu, 09 Feb 2006 16:00:00 +0000