China Resources Power Holdings Co Ltd
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Based in Hong Kong
Company profile

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.

This security is an American depositary receipt
ADR Fees
American Depositary Receipt (ADR) Fee

ADR fees charged by custodial banks normally average from 1 to 3 cents per share. Other country fees might apply. To read more, see the Exception Fees tab at Brokerage Fees

Closing Price
$26.05
Day's Change
-0.685 (-2.56%)
Bid
--
Ask
--
B/A Size
--
Day's High
26.05
Day's Low
26.05
Volume
(Heavy Day)
Volume:
330

10-day average volume:
249
330

Taiwan Semi stock surges toward best day since 2008 after Buffett's Berkshire reveals stake

10:02 am ET November 15, 2022 (MarketWatch)
Print

U.S.-listed shares of Taiwan Semiconductor Manufacturing Co. Ltd. were headed for their best single-day performance since 2008 after Warren Buffett's Berkshire Hathaway revealed a new position in the Taiwanese chip manufacturer. Shares were up 12.9% in Tuesday morning trading and on track for their largest single-day percentage gain since Oct. 28, 2008, when they rose 21.1%. Berkshire's position amounted to just over 60 million American depositary shares of TSMC as of the third quarter. Jordan Klein, a Mizuho desk-based analyst associated with Mizuho's sales team and not its research arm, wrote Tuesday that the investment was Buffett's first in semiconductors over the course of his career "so it does matter" and TSMC is "as high quality as it gets." That said, he wrote that 2023 Wall Street estimates for TSMC "still look too high" in his view, while "China invasion risk is not zero." Other chip stocks were rising as well Tuesday, with Intel Corp. shares up more than 3%, Advanced Micro Devices Inc. shares up more than 4%, and Nvidia Corp. shares up more than 2%, though Buffett didn't reveal stakes in those names as of Berkshire's third-quarter 13-F filing.

-Emily Bary

	

(END) Dow Jones Newswires

November 15, 2022 10:02 ET (15:02 GMT)

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