China Growth Stocks

[GorillaGorilla]

LLEN / Coal & Hydro shortfall- also worth noting that the drought means that the hydro electric power has been shut off so that's 30% reduction of power [1] in Yunnan which probably will be made up with coal. In Hubei province, say, the 30% hydro shorfall will come from coal [2]. There might be other provinces also affected.

Specifically, LLEN has a wholesale business in Yunnan provicne which is basically them stockpiling up coal ready for a demand (until LLEN did this everythig was mine to coal station leaving problems if their was a shortfall of coal.

Awful tragedy but LLEN looks like it's in the front seat to keep the province going with hydro electricity shortfall. However, throughout SW of China there will be additonal demand for coal.

rich

[1] http://bigpondnews.com/articles/Finance/2010/03/28/Hydro-power_out_in_Chinas_dams_445294.html

[2] http://www.chinadaily.com.cn/business/2010-04/08/content_9702174.htm