Jiangsu November Power Price Rises 16.8%; China Resources Power (00836) Benefits

Jiangsu monthly power prices have risen for 3 consecutive months, climbing another 16.8% in November, boosting power companies' profits and valuation recovery. ET Stock Picks, under the Hong Kong Economic Times, selected China Resources Power (00836), which has a relatively high proportion of Jiangsu business, saying its thermal power units have long...