Related News
Shares up on plan for nuke power projects
Print Edition
SHANGHAI stocks rose slightly yesterday, led by the nuclear energy sector, which got a boost from a central government scheme to set up new nuclear electricity projects.
The Shanghai Composite Index edged up 0.07 percent to 2,345.1 points.
The National Development and Reform Commission has approved plans to start four large-scale nuclear power projects with total capacity exceeding 10 million kilowatts.
A project of this magnitude would normally cost 160 billion yuan (US$26 billion). It is estimated that a single nuclear project would generate deals worth 80 billion yuan to nuclear equipment manufacturers.
Huaxin Securities said yesterday that investors should pursue key component producers and raw material suppliers.
Chen Wenjie, an analyst at Tianxin Investment, said the nuclear energy projects are backed by the government because nuclear power saves more money than coal power and hydropower.
Shanghai Electric Group jumped 9.96 percent to 4.97 yuan, while Dongfang Electric Corp gained 6.46 percent to end at 14.50 yuan.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
