China Resources traded at 18.77 this Monday March 16th, decreasing 0.46 or 2.39 percent since the previous trading session. Looking back, over the last four weeks, China Resources lost 3.82 percent. Over the last 12 months, its price rose by 3.02 percent. Looking ahead, we forecast China Resources to be priced at 18.48 by the end of this quarter and at 16.39 in one year, according to Trading Economics global macro models projections and analysts expectations.
China Resources Power Holdings Company Limited is a Hong Kong-based investment holding company principally engaged in the investment, development and operation of power plants. The Company operates through three segments. Thermal Power segment is engaged in the investment, development, operation and management of coal-fired power plants and gas-fired power plants, as well as the sales of heat and electricity. Renewable Energy segment is engaged in wind power generation, hydroelectric power generation and photovoltaic power generation, as well as the sales of electricity. Coal Mining segment is engaged in the mining of coal mines, as well as the sales of coal. The Company mainly operates businesses in China.