Utilities Lower as Traders Hedge on Rates, Earnings Views -- Utilities Roundup

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05/16/2017 | 09:05 pm

Shares of power-plant operators fell as traders hedged their bets on the outlook for earnings and interest rates.

Shares of Hong-Kong listed Chinese power producers Datang International Power Generation and Huadian Power rose after analysts at brokerage Credit Suisse boosted their ratings on the companies, saying a national plan to consolidate state-owned utilities could boost profitability.

Rob Curran, rob.curran@dowjones.com

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