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China's ABS market is ripe for more green deals

The booming ABS market onshore holds great green potential that must be developed ....

July Fitch , Ningbo Shuntong , China Guodian Corp , Ningbo Shuntong Group Co , Shanghai Stock Exchange , Energy Co , Auto Finance Co , People Bank , Power Construction Corp , China Longyuan Power Group ,

Coal firms post higher profit in first quarter | Hellenic Shipping News Worldwide

Coal firms post higher profit in first quarter
Thanks to the economic recovery and production capacity resurgence, the country’s listed coal companies saw their profits soar during the first three months, and an analyst believes the momentum is set to continue.
The joint net profit of China Shenhua Energy Co Ltd and China National Coal Group Corp reached 15.1 billion yuan ($2.35 billion) in the first quarter with an average daily profit of 170 million yuan, up 44.5 percent year-on-year, according to the financial results of the country’s two major coal companies.
China Shenhua Energy Co Ltd－once the country’s top coal producer by volume before its merger with State-owned power generator China Guodian Corp to create the world’s largest energy conglomerate China Energy Investment Corp－said its revenue during the first three months stood at 67.6 billion yuan, up 32.4 percent year-on-year. Net profit jumped 18.4 percent to more than 11.6 billion yuan. ....

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Coal firms post higher profit in first quarter-Eastday

Coal firms post higher profit in first quarter-Thanks to the economic recovery and production capacity resurgence, the country's listed coal companies saw their profits soar during the first three months, and an analyst believes the momentum is set to continue. ....

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Former Energy Official Says Police Tortured Him into Confessing

A former deputy director of National Energy Administration (NEA) on trial for taking bribes has pleaded not guilty because he says the charges are based on a false confession that was extracted via torture and intimidation, according to a person who attended the closed-door trial.Xu Yongsheng, whose one-day trial was held in the Beijing No. ....

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