News Snapshot:
China Resources Power (OTCMKTS:CRPJY) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a report issued on Thursday, Zacks.com reports. According to Zacks, “China Resources Power Holdings Company Limited (CR Power) is a Hong Kong-based investment holding company. The Company operates through three segments: Thermal Power; Renewable Energy; and Coal Mining. Thermal Power is CR Power’s strategic development priority, focusing on developing large-scale coastal thermal power plants, heat and power cogeneration plants, and coal-electricity integration projects. CR Power maintains the position of an industry leader as it continuously improves energy utilization efficiency and reduces...
