Huadian to speed IPO

China Huadian Corp, one of China's five major power utilities, said on Sunday it would speed up the public listing of its new energy unit this year to expand the corporation's presence in the renewable resources sector.

Yun Gongmin, general manager of China Huadian Corporation, said it would facilitate the development of the corporation's renewable resources sector for Fuxin New Energy Co, the new-energy unit of Huadian, to go public this year.

Source:China Daily