Source: China – South China Morning PostShares of Chinese electricity and grid equipment makers rose after State Grid unveiled a 4 trillion yuan (US$574 billion) plan to upgrade the country’s power networks, as surging demand and the global race in artificial intelligence drive investment in energy infrastructure.
Baoding Tianwei Baobian Electric, which makes transformers, surged 10 per cent to 15.25 yuan in Shanghai and power equipment manufacturer Henan Pinggao Electric jumped 7.4 per cent to 21.32 yuan. Suzhou Electrical Apparatus…Read More