Utilities Lower as Traders Hedge on Rates, Earnings Views -- Utilities Roundup

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05/16/2017 | 09:05 pm


Shares of power-plant operators fell as traders hedged their bets on the outlook for earnings and interest rates.



Shares of Hong-Kong listed Chinese power producers Datang International Power Generation and Huadian Power rose after analysts at brokerage Credit Suisse boosted their ratings on the companies, saying a national plan to consolidate state-owned utilities could boost profitability.





Rob Curran, [email protected]





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