Zacks Investment Research upgraded shares of CHINA HYDRO-ADS (CHC) from NEUTRAL to OUTPERFORM on July 26, 2012, with a target price of $0.80.
China Hydro acquires, develops, owns and operates small hydropower projects in the People's Republic of China. The Company owns many hydropower projects located in Zhejiang, Fujian, Yunnan and Sichuan provinces of China. The Company's primary business is to identify and evaluate acquisition opportunities and acquire, operate and, in some cases, complete construction of small hydropower plants in the People's Republic of China.
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