Huaneng Power International (HPI) and Shandong Huaneng Power Development Company (SHP) have set the seal on the biggest ever merger between two listed Chinese companies. The move confirms an emerging trend in which more and more mainland companies are trading in Hong Kong, and has boosted optimism about China’s intended restructuring of its economy. HPI will further consolidate its position as the largest IPP in Asia, with 10 813 MWe of installed capacity and approximately 5520 MW under construction
