Huaneng Power (HNP): Income from China

Filed under: International markets, China, Newsletters, Commodities, Oil, Stocks to Buy

This post is part of a special report, Global advisors look to China.

"Sure, China is slowing down along with the rest of the global economy; but it's still growing faster than everyone else," says Mark Skousen.

In his specialized service, High Income Alert, he looks to Huaneng Power (NYSE: HNP), "This power product is an excellent, recession-resistant China play. And we'll be collecting a 6.5% dividend too."

Skousen explains, "China's Premier Wen Jiabao's goal is 8% annual growth. He may not achieve it. But the outlook for certain industries -- especially utilities -- remains robust.

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Huaneng Power (HNP): Income from China originally appeared on BloggingStocks on Sat, 28 Mar 2009 09:30:00 EST. Please see our terms for use of feeds.

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