Listed in Hong Kong in December 2014, CGN Power (HKSE:01816) is the leading nuclear power producer in China with the biggest total installed capacity as of June 2014. Its nuclear power stations are strategically located in economically developed regions in China that have a strong demand for electricity. Within China’s energy spectrum, nuclear power is unique in that it has the lowest earnings volatility. As the Chinese government supports clean energy development, CGN Power is well positioned to benefit from the potential growth of the nuclear power industry in the coming years.
From Value Partners (Trades, Portfolio)’ Classic Fund Q4 2014 Commentary.
