China Datang Corp Renewable Power Co Ltd Class H
01798: XHKG (HKG)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|$T | LOCK|FR | LOCK|#% |
No Reprieve for China's Renewable Utilities Even as Subsidy Collection Appears to Improve
Cumulative nine-month net profits at China Longyuan, China Suntien Green Energy, China Three Gorges Renewables, and Datang Renewable fell 36%, 16%, 67%, and 75% year over year, respectively. Suntien’s smaller decline was supported by its diversified gas business.
