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China Everbright Greentech | Alternative Energy Stocks

by Debra Fiakas CFA

Investors based in the U.S. need to look far and wide for new stock
issues from renewable energy companies.  Capital markets
activity has slowed in the last couple of years, in part to due to
their own success.  In reaching new efficiency in energy
production, renewable energy companies are generating their own
internal capital and are not as dependent upon the capital
markets.  The Hong Kong market has come to the rescue of U.S.
investors with a ‘green’ offering

China Everbright Greentech Ltd
. is now trading on the Hong
Kong Exchange with the stock code 1257 following a successful
offering of 560 million shares in April 2017.  The company
raised $385.6 million (HK$3.0 billion) in new capital that will be
used to develop business in the People’s Republic of China as well
as research and development in advanced technologies….

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