Energy giants 'in merger talks'
By Zheng Xin | China Daily | Updated: 2017-06-06 07:25
The listed units of Shenhua, Guodian halt trading in shares
China's largest coal miner and a coal-fired power giant are reported to be in merger discussions, as their listed units halted share trading on Monday.
China Shenhua Energy Co said in a filing on Sunday to the Hong Kong Stock Exchange that it was informed by parent company - China's largest coal miner Shenhua Group Corporation - of "significant matter containing substantial uncertainty which is subject to the approval of the relevant authorities".
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