ABU DHABI/WAM Heritage festivals organised by the United Arab Emirates have evolved into a unique …
Read More »China utility shares primed for gains on reopening, subsidies
Bloomberg Shares linked to Chinese utilities are primed to extend their rebound as the economy’s reopening spurs electricity consumption and tens of billions of dollars-worth overdue subsidies may finally make their way, analysts say. A sub-gauge of utility stocks on the CSI 300 Index has jumped nearly 10% since a recent mid-March low, outpacing a less than 3% rise …
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