Renewable energy stocks strong in China

Recent headlines from last week and this morning show its time to take a look at renewable energy stocks - especially in China

China's shares edge up, renewable energy strong

By: The Associated Press 08 Mar 2010 04:26 AM ET Text Size SHANGHAI, China - China's shares edged up Monday, led by renewable energy stocks on hopes of government support for the industry, but banks were mixed amid talk of possible lending risks.

The benchmark Shanghai Composite Index rose 0.7 percent, or 22.17 points, to close at 3,053.23. The Shenzhen Composite Exchange for China's smaller second market rose 1 percent, or 11.3 points, to 1,172.80.

Some sectors such as renewable energy were boosted by talk during this week's meeting of China's ceremonial legislature of possible government support, said Qin Xiaobin, chief strategist for Galaxy Securities

full story- http://www.cnbc.com/id/35759534


Led by renewable energy stocks, China shares rise
Instal Biz - Mar 4, 2010
After signs that China's annual parliamentary meeting will declare the support for the renewable energy sector, renewable energy shares led China’s key stock to rise 0.78 percent - its highest close in more than five weeks.
Full article: http://www.instalbiz.com/news/1-full-news-led-by-renewable-energy-stocks-china-shares-rise_447.html


Suntech Power Holdings Co Ltd (STP.N), China's biggest solar panel maker, posted a better-than-expected quarterly profit, helped by higher gross margins as prices for silicon wafers and processing costs declined, sending its shares higher.
Full story: http://www.reuters.com/article/idUSSGE6230H320100304?type=marketsNews



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