Huaneng Power International develops, constructs, operates and manages power plants in China, and is that country's largest electricity producer. It wholly owns 16 plants, has controlling interests in 13 companies, and has minority interests in 5 more. While riskier than the others, it's poised for profitability going forward.

PE of 10.67 , a PEG of 3.34 , and a yield of 6.0% .

high dividend

Huaneng Power develop, construct, operate, and manage thermal power plants in China. This stock plays the utility market, and also offers exposure to the Chinese market

6.70%

Huaneng Power Intl. ( HNP ) builds, operates, and manages thermal power plants. The stock has a P/E of 16.31 and a PEG of 3.48.

GROWTH

good growth-right sector-dividend

This is the largest public utility company in The People's Republic of China. It has a current yield of 5.6%. The stock is up +80.1% since my original purchase in March 2006. The yield on the amount of my original investment is
21.9%.

china play levered to ongoing growth in infrastructure development

Company sold a portion of it's electric generating business reducing it's income presenat and future.