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Huaneng Power International
Huaneng Power International, Inc. (HPI), commonly known as Huaneng Power, is a Chinese electric power company. It was established in 1994 by the China Huaneng Group, one of the five largest power producers in China. It engages in the development, construction and operation of large power plants. , the market capitalization of its H share was HK$28.484 billion. , about 30.92% of total share capital are "foreign share" (H share plus American depositary share), while the rest were domestic share ( A share). Huaneng Power's H share is a component of Hang Seng China Enterprises Index, representing 50 largest H share companies on the Stock Exchange of Hong Kong. However, under different selection criteria, Huaneng Power's A share is a component of SSE SmallCap Index since May 2018, an index for next 320 shares that were not included in SSE 180 Index. Huaneng Power was ranked 745th in 2018 '' Forbes Global 2000''. History Huaneng Power International (HPI) was established in 19 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
SSE 180 Index
SSE 180 Index is the stock index of Shanghai Stock Exchange, representing the top 180 companies by "float-adjusted" capitalization and other criteria. SSE 180 is a sub-index of SSE Composite Index, the latter included all shares of the exchange. Constituents Related indexes Both SSE 50 Index and SSE MidCap Index () were the subindex of SSE 180 Index. They did not intersect each other. By a different selection criteria than SSE 50, is also the sub-index of SSE 180. It consists of the top 20 companies with a cap of 6 from each kind of industries. The subindex may intersect with SSE 50 Index. SSE Mega-Cap started to publish in 2009. References See also * SSE Composite Index The SSE Composite Index also known as SSE Index is a stock market index of all stocks ( A shares and B shares) that are traded at the Shanghai Stock Exchange. There are also SSE 180, SSE 50 and SSE Mega-Cap Indexes for top 170, 50 and 20 compa ... {{Asian Stock market indices Shanghai Stock Exchan ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Leverage Buyout
A leveraged buyout (LBO) is one company's acquisition of another company using a significant amount of borrowed money (leverage) to meet the cost of acquisition. The assets of the company being acquired are often used as collateral for the loans, along with the assets of the acquiring company. The use of debt, which normally has a lower cost of capital than equity, serves to reduce the overall cost of financing the acquisition. The cost of debt is lower because interest payments often reduce corporate income tax liability, whereas dividend payments normally do not. This reduced cost of financing allows greater gains to accrue to the equity, and, as a result, the debt serves as a lever to increase the returns to the equity. The term LBO is usually employed when a financial sponsor acquires a company. However, many corporate transactions are partially funded by bank debt, thus effectively also representing an LBO. LBOs can have many different forms such as management buyout (MBO) ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Singapore Dollar
The Singapore dollar (sign: S$; code: SGD) is the official currency of the Republic of Singapore. It is divided into 100 cents. It is normally abbreviated with the dollar sign $, or S$ to distinguish it from other dollar-denominated currencies. The Monetary Authority of Singapore (MAS) issues the banknotes and coins of the Singapore dollar. As of 2019, the Singapore dollar is the 13th-most traded currency in the world by value. Apart from its use in Singapore, the Singapore dollar is also accepted as customary tender in Brunei according to the Currency Interchangeability Agreement between the Monetary Authority of Singapore and the Autoriti Monetari Brunei Darussalam (Monetary Authority of Brunei Darussalam). Likewise, the Brunei dollar is also customarily accepted in Singapore. History The Spanish-American silver dollar brought over by the Manila galleons was in wide circulation in Asia and the Americas from the 16th to 19th centuries. From 1845 to 1939 the Straits Sett ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Temasek Holdings
Temasek Holdings (Private) Limited, or simply Temasek, is a Singaporean state holding company owned by the Government of Singapore. Incorporated on 25 June 1974, Temasek owns and manages a total of US$496.59 billion (S$671 billion) in assets under management (AUM) as of December 2022. Its net portfolio is US$287 billion (S$403 billion) as of 2022, with S$37 billion divested and S$61 billion invested during the year. Its one-year total shareholder return (TSR) was 5.8%, with longer term 10 and 20-year TSRs at 7% and 8% respectively, compounded annually. Its TSR since inception was 14%, compounded over 48 years. Headquartered in Singapore, it has 12 offices in 8 countries around the world, including in Beijing, Hanoi, Mumbai, Shanghai, Shenzhen; and London, Brussels, New York, San Francisco, Washington, D.C. and Mexico City outside Asia. It is an active shareholder and investor, with four key structural trends guiding its long term portfolio construction – Digitisation, Sus ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tuas Power
Tuas Power Ltd is one of the largest power generation companies and a key provider of energy solutions, multi-utilities and environmental services in Singapore. In March 2008, the company was acquired by SinoSing Power Pte. Ltd, a wholly owned subsidiary of energy conglomerate China Huaneng Group(CHNG), from Temasek Holdings for S$4.235 billion. Following the transfer of 100% equity interest in SinoSing Power from CHNG to Huaneng Power International, Inc. (HPI), Tuas Power became a fully owned subsidiary of HPI in July 2008. Business Tuas Power's core business lies in the generation, retailing and trading of electricity. It operates a 2670MW power station, which is located in the Tuas industrial area of Singapore, through its wholly owned subsidiary Tuas Power Generation Pte Ltd. The power station, which houses four 367.5MW Combined Cycle Plants and two 600MW steam plants, contributes about 25 per cent of Singapore’s total power supply. Electricity is sold to commercial customer ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Special-purpose Vehicle
A special-purpose entity (SPE; or, in Europe and India, special-purpose vehicle/SPV; or, in some cases in each EU jurisdiction, FVC, financial vehicle corporation) is a legal entity (usually a limited company of some type or, sometimes, a limited partnership) created to fulfill narrow, specific or temporary objectives. SPEs are typically used by companies to isolate the firm from financial risk. A formal definition is "The Special Purpose Entity is a fenced organization having limited predefined purposes and a legal personality". Normally a company will transfer assets to the SPE for management or use the SPE to finance a large project thereby achieving a narrow set of goals without putting the entire firm at risk. SPEs are also commonly used in complex financings to separate different layers of equity infusion. Commonly created and registered in tax havens, SPEs allow tax avoidance strategies unavailable in the home district. Round-tripping is one such strategy. In addition, t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jiangxi Province Investment Group
Jiangxi (; ; formerly romanized as Kiangsi or Chianghsi) is a landlocked province in the east of the People's Republic of China. Its major cities include Nanchang and Jiujiang. Spanning from the banks of the Yangtze river in the north into hillier areas in the south and east, it shares a border with Anhui to the north, Zhejiang to the northeast, Fujian to the east, Guangdong to the south, Hunan to the west, and Hubei to the northwest. The name "Jiangxi" is derived from the circuit administrated under the Tang dynasty in 733, Jiangnanxidao (; Gan: Kongnomsitau). The abbreviation for Jiangxi is "" (; Gan: Gōm), for the Gan River which runs across from the south to the north and flows into the Yangtze River. Jiangxi is also alternately called ''Ganpo Dadi'' () which literally means the "Great Land of Gan and Po". After the fall of the Qing dynasty, Jiangxi became one of the earliest bases for the Communists and many peasants were recruited to join the growing people's revolut ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shandong Huaneng Power Development
Shandong ( , ; ; alternately romanized as Shantung) is a coastal province of the People's Republic of China and is part of the East China region. Shandong has played a major role in Chinese history since the beginning of Chinese civilization along the lower reaches of the Yellow River. It has served as a pivotal cultural and religious center for Taoism, Chinese Buddhism and Confucianism. Shandong's Mount Tai is the most revered mountain of Taoism and a site with one of the longest histories of continuous religious worship in the world. The Buddhist temples in the mountains to the south of the provincial capital of Jinan were once among the foremost Buddhist sites in China. The city of Qufu is the birthplace of Confucius and was later established as the center of Confucianism. Confucianism developed from what was later called the Hundred Schools of Thought from the teachings of the Chinese philosopher Confucius. Shandong's location at the intersection of ancient and modern no ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Shanghai Stock Exchange
The Shanghai Stock Exchange (SSE) is a stock exchange based in the city of Shanghai, China. It is one of the three stock exchanges operating independently in mainland China, the others being the Beijing Stock Exchange and the Shenzhen Stock Exchange. The Shanghai Stock Exchange is the world's 3rd largest stock market by market capitalization at US$7.62 trillion . It is also Asia's biggest stock exchange. Unlike the Hong Kong Stock Exchange, the Shanghai Stock Exchange is still not entirely open to foreign investors and often affected by the decisions of the central government, due to capital account controls exercised by the Chinese mainland authorities. In 1891, Shanghai founded China's first exchange system. The current stock exchange was re-established on November 26, 1990, and was in operation on December 19 of the same year. It is a non-profit organization directly administered by the China Securities Regulatory Commission (CSRC). History The formation of the Interna ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Stock Exchange Of Hong Kong
The Stock Exchange of Hong Kong (SEHK, also known as Hong Kong Stock Exchange) is a stock exchange based in Hong Kong. As of the end of 2020, it has 2,538 listed companies with a combined market capitalization of HK$47 trillion. It is reported as the fastest growing stock exchange in Asia. The stock exchange is owned (through its subsidiary Stock Exchange of Hong Kong Limited) by Hong Kong Exchanges and Clearing Limited (HKEX), a holding company that it also lists () and that in 2021 became world's largest bourse operator in terms of market capitalization, surpassing Chicago-based CME. The physical trading floor at Exchange Square was closed in October 2017. History The Hong Kong securities market can be traced back to 1866, but the stock market was formally set up in 1891, when the Association of Stockbrokers in Hong Kong was established. It was renamed as The Hong Kong Stock Exchange in 1914. By 1972, Hong Kong had four stock exchanges in operation. There were subseque ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
State Power Corporation Of China
State Power Corporation of China was a Chinese state-owned enterprise founded in 1996 and was dismantled in 2002 to 2003. The successor of the group were fellow state owned enterprises State Grid Corporation of China, China Southern Power Grid, China Huaneng Group, China Guodian, China Huadian, China Datang Corporation, China Power Investment Corporation China Power Investment Corporation also known as CPI Group was one of the five largest state-owned electricity producers in mainland China. It was administrated by the State-owned Assets Supervision and Administration Commission (SASAC) of the ... and other power grid or power generating group. The former general manager (the highest position of the company at that time) of the company, Gao Yan, fled China in 2002 after he was investigated for corruption. References Defunct energy companies of China Government-owned companies of China {{China-company-stub ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
