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Wednesday, August 28, 2013 10:51:34 PM
http://www.accuweather.com/en/cn/lincang/61475/august-weather/61475?monyr=8/1/2012&view=table
Lincang, Yunnan province, August 2013:
http://www.accuweather.com/en/cn/lincang/61475/august-weather/61475?monyr=8/1/2013&view=table
Simao, Yunnan province, August 2012:
http://www.accuweather.com/en/cn/simao/61413/august-weather/61413?monyr=8/1/2012&view=table
Simao, Yunnan province, August 2013:
http://www.accuweather.com/en/cn/simao/61413/month/61413?view=table
45 dead, 1.6 mln affected in Yunnan floods
http://news.xinhuanet.com/english/china/2013-08/26/c_132664109.htm
http://news.xinhuanet.com/english/photo/2013-08/26/c_132663051.htm
The problem is that only about 35% of MW are based in Yunnan, with the remainder in Fujian & Zhejiang. Tariffs paid for electricity are much lower in Yunnan & the grid is not as effective. Pray for a wet September in Fujian & Zhejiang to salvage the quarter.
Of course, compared to HK & China listed peers, this one is seriously undervalued & some tariff increases in Yunnan are way overdue.
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