Shares of China Power Clean Energy Development (CP Clean Energy) are expected to start trading on the Hong Kong stock exchange on Tuesday, July 18. The move is part of a broader restructuring effort for the diversified energy developer.
Hong Kong-listed PV investor Panda Green Energy’s solar projects in China generated approximately 1,001.9 GWh of electricity in the six months to the end of June, up sharply from 611.2 GWh in the second half of 2016.
The Hong Kong-listed renewables developer recorded a net profit of HK$529.2 million ($68.03 million) in the 12 months to the end of December, from a profit attributable to shareholders of about HK$38.5 million in 2015. Basic earnings per share for the year were HK$0.14.
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