Big moves in Chinese shares are often tied to government plans and this is the latest example, as investors try to anticipate winners from whatever policies are included in the nation’s next five-year plan.
In the one month to Oct. 22, New York-listed Daqo New Energy Corp. jumped 59.9%, while Hong Kong-listed Xinyi Solar Holdings Ltd. and Xinjiang Goldwind Science & Technology Co. , have advanced 17% and 31.5%, respectively. Daqo New Energy makes polysilicon, a key raw ingredient for solar panels, while Xinyi Solar makes solar glass. Xinjiang Goldwind is China’s biggest wind-turbine maker.
A Wind index of 40 renewable and clean-energy companies whose shares trade in Shanghai or Shenzhen has gained nearly 5% over the past month, compared with a 2.2% increase in the broader CSI 300 index.China’s carbon emissions will peak in 10 years and it will strive for carbon neutrality by 2060. Going carbon neutral means China’s emissions of this key greenhouse gas will be equal to zero, once offsetting measures like planting trees are taken into account. Achieving that will require slashing emissions by using cleaner energy sources and carbon-capture technologies.
IRS_CI, SEC_Enforcement, allowing Automobile companies to change dealer names & void warranties, not pay Tax on gain of not servicing those warranties. Fraudulent SEC Filings IRS_CI Destroyed documentation 2020-007235 TIGTA TRN-2009-0433 & TRN-2010-0201
China. Carbon neutral. The WSJ flip to the dark side these last few months is now clearly sourced. Control the media, control the people. China dropping huge $ on on the dying US newspaper industry. Psst. I follow back.
Buyer beware
HunterBiden tapes released. GTV .org no spaces. See for yourself BidenCrimeFamiily
believe it when I see it
No second virus wave on Cina? How it’s possible?
You people are so embarrassing you refuse to report a REAL NEWS STORY ABOUT biden son.... But everything about our President is fair game..... You are paying with your LOW ratings..... SAD AND UNACCEPTABLE... BUT NORMAL FOR THE FRAUD NETWORK.. And you know obama got a piece!!!
they are dropping now.
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Source: Reuters - 🏆 2. / 97 Read more »