China Yangtze Power traded at 27.75 this Friday May 29th, increasing 0.53 or 1.95 percent since the previous trading session. Looking back, over the last four weeks, China Yangtze Power gained 1.57 percent. Over the last 12 months, its price fell by 8.11 percent. Looking ahead, we forecast China Yangtze Power to be priced at 26.02 by the end of this quarter and at 24.45 in one year, according to Trading Economics global macro models projections and analysts expectations.
China Yangtze Power Co., Ltd. is a China-based company, principally engaged in hydroelectricity business. The Company is engaged in operations management and Three Gorges Power Station, Gezhouba Power Station, Xiluodu Power Station and Xiangjiaba Power Station. The Company also provides technology of electrical power generation, and water and electricity engineering maintenance services. Its main clients consist of State Grid Corporation of China and China Southern Power Grid Company, among others.