Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Shenhua Energy"


2 mentions found


China has decommissioned 70.45 gigawatts (GW) of coal-fired plants in the last decade, and is building far more renewable energy capacity than any other country. Coal power makes up about 70% of emissions in China, which has committed to being carbon neutral by 2060. After 2025, it is unclear whether China will approve new coal plants. But like many cities in China's coal country, coal revenues and jobs are an incentive to keep building. Several workers in Yulin expressed little doubt about whether new coal plants make economic and environmental sense.
Persons: Li, Gao Yuhe, Xu Mingjun, China's, Xie Zhenhua, Yuheng, Duan, Colleen Howe, Ella Cao, David Stanway, Tony Munroe, Gerry Doyle Organizations: Reuters, Greenpeace, Shenhua Energy, Global Energy Monitor, Development and Research Center, Shaanxi Yulin Energy, Shaanxi Daily, Thomson Locations: YULIN, China, Yulin, Yangquan, Shanxi, Dubai, Ukraine, Canada, Shaanxi, China's, Beijing, Singapore
China funds with energy bets stand out in a bleak year
  + stars: | 2022-12-30 | by ( ) www.reuters.com   time to read: +3 min
SHANGHAI, Dec 30 (Reuters) - Chinese fund managers who made big bets on energy companies are celebrating a year that was brutal for many of their peers. Huang Hai, who manages three funds for Wanjia Asset Management, far outperformed the market by wagering on energy stocks such as CNOOC , China Shenhua Energy (601088.SS) and Shaanxi Coal (601225.SS). Energy companies including Shaanxi Coal, Shanxi Lu'an Environmental Energy (601699.SS), Guanghui Energy (600256.SS) and Shenhua Energy are among her fund's top 10 holdings. A Chinese index fund that tracks the Dow Jones U.S. The Lion Oil and Gas Energy Equity Fund, which invests in global energy funds under China's outbound QDII scheme, delivered a return of 53% for domestic investors.
Total: 2