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China Wind Giants Surge More Than 20% on Aggressive Proposal

Wind Companies Sell Bonds As Loan Discounts End

Photographer: Keith Bedford/Bloomberg

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Chinese wind power equipment makers advanced as the industry proposed an aggressive installation plan that would boost capacity 14-fold through 2060 to help the country reach its goal of being carbon-neutral by then.

China’s biggest wind turbine maker, Xinjiang Goldwind Science & Technology Co., surged 22% in Hong Kong in the biggest increase since August 2014 to make it the best performer in the MSCI China Index. Shandong Shuangyi Technology Co. rallied 20% to a record high in Shenzhen and Titan Wind Energy Suzhou Co. rose 10%.