China Power International Development

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.

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. Photo: Reuters

China Power International shares plunge 6 per cent

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 s