Yangtze Power's First-Half Profit May Rise 50 Percent on Bank Share Sale

(Bloomberg) -- China Yangtze Power Co., operator of
the world's biggest hydropower project, said its first-half net
income probably rose by more than 50 percent because of
investment gains from selling shares.

The company's investment gains increased ``substantially''
after it sold in April 400 million shares of China Construction
Bank Corp, the country's third-biggest lender, Yangtze Power said
in a statement to the Shanghai Stock Exchange today.


Read more at Bloomberg Emerging Markets News