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분야
pptx2 Key Success Factor
3 Benefits & Alternatives
4 Valuation
5 Recommendation
Communist state, government owned economy
Isolated from international trade until the 1970s
Rapid growth after free-market reforms
Shortage of electricity due to supernatural growth
GNP growth rate faster than electric supply
growth rat
Need foreign investment capital to import
equipment to generate power
MEP formed China Huaneng Group to oversee electrical power operations
CHG formed HPIDC, leading shareholder of HPI
The listing on the Hong Kong market will be good opportunity to HPI.
- Larger familiarity with PRC companies,
Reliable source of capital past 14 month in 1994
Indication of the commitment of the Hong Kong market to PRC companies -the creation of the Hang Seng China Index
