Datang Renewable Power Gains on New ‘Buy’ Rating by BNP Paribas

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China Datang Corp. Renewable Power Co., a developer of clean energy projects, rose after it was rated "buy" in new coverage at BNP Paribas.

Datang Renewable shares gained 5.4 percent to HK$1.97 at the close on the Hong Kong Stock Exchange, their biggest increase since December and the biggest riser on the 100-member WilderHill New Energy Index of companies developing low-carbon technologies.