So Apple's stock is getting beat up in China! Hint! But I am sure that couldn't happen here!
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XOM used to own 60% of China Power and Light..A power producer in Hong Kong...which had coal, nuclear, pumped hydro and gas fired power gen. Sold it in 2012.
Everyone that builds in China always acts shocked when they see a very similar plant being built just down the road but is 100% “Chinese design”.
Woke? Broke? Loyalty? Tsk tsk
EM should invest in Coal power in China. I heard China has a commitment to build dozens of new coal power plants in next 10 years and EM should be a key player in that effort.
India and China both are taking Russian crude. So much for doing the right thing. Yet companies like this one still invest in both. Eventually the public will make the decision as what is right. It’s disappointing that money is all that matters.