SPY441.95+10.71 2.48%
DIA347.11+5.56 1.63%
IXIC13,770.57+417.79 3.13%

BUZZ-HK-listed Golden Solar hits near 6-week high on solar project plans

reuters.com · 12/30/2021 01:22
BUZZ-HK-listed Golden Solar hits near 6-week high on solar project plans

** Shares of Golden Solar New Energy Technology Holdings Ltd 1121.HK surge 9% to HK$10.80, their highest since Nov 19

** Company says it plans to establish a 51%-owned venture to develop a solar photovoltaic cell production line project in Zhangjiakou Renewable Energy Pilot Zone in China's northwestern province of Hebei nFWN2TD07Q

** The Fujian, China-based company says Hua Yuan Power Co Ltd and SDIC Power Holding Co Ltd 600886.SS will hold 29% and 20% of the venture

** The Hang Seng Commerce & Industry Index .HSNC gains 0.3%, while the Hang Seng Composite Index tracking industrials .HSCIIG slips 0.7%

** The Hang Seng Composite Index .HSCI falls 0.4% and the benchmark Hang Seng Index .HSI eases 0.3%

** As of last close, the stock had soared 1,154% this year



(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))