China Hydroelectric Corporation
China Hydroelectric Corporation (NYSE:CHC) is a special purpose acquisition company (SPAC) formed to serve as a vehicle for the acquisition of hydroelectric assets through a merger, amalgamation, share capital exchange, scheme of arrangement, share or asset purchase or similar transaction with one or more operating companies, expected to be in the People's Republic of China, and after such an acquisition, the development of greenfield projects to generate hydroelectric power. The Company's nominated adviser is Seymour Pierce Limited.
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The China CleanTech Index rose strongly in July 2013 to resume its strong performance from earlier in 2013. Over the month, the Index outperformed all but one of its four benchmarks.
CCG Investor Relations ("CCG"), a leading US-headquartered global investor relations and strategic communications consultancy, today announced the presenting companies for 2013 China Best Ideas Investment Conference. The event will showcase some of the very best managed Chinese companies that are listed overseas and foster an open and informative dialogue with investors.
Asian markets are expected to drop after the plummet on Wall St. On Friday Japan's Nikkei stock average lost 3.1 per cent, sliding on economic woes and a tumble by Toshiba Corp after it was hit by news it may merge part of its chip operations, a loss forecast, and a ratings cut. The benchmark Hang Seng Index closed up 123.78 points, or 0.94 per cent, at 13,278.21. The Shanghai and Shenzhen stock exchanges open today after the week-long Chinese New Year holidays.
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