Goldman Sachs: Huaneng Power target price at HK$4.4

A report from Goldman Sachs estimated Huaneng Power International (0902) would see nil increase on its per share profit in 2001, but sustained its rating as ˇ§leading the marketˇ¨ and the six-month target price was HK$4.40. Goldman expected that the turnover increase of Huaneng in the next 4 years would mainly come from the two newly acquired power generations in  Huahe Shandong.

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