Shanghai Electric Group Co., Ltd. engages in equipment manufacturing businesses. It operates through the following business segments: New Energy, High Efficiency and Clean Energy, Industrial Equipment, Modern Services, and Other. The New Energy segment engages in the designing, manufacturing and selling of nuclear power island equipment products, wind power equipment products and heavy machinery including large forging components. The High Efficiency and Clean Energy segment engages in the designing, manufacturing and selling of thermal power equipment products and collar equipment, nuclear power conventional island equipment products and power transmission and distribution equipment products. The Industrial Equipment segment engages in the designing, manufacturing and selling of elevators, electrical motors, machine tools, printing and packaging equipment, marine crankshafts, and other electromechanical equipment products. The Modern Services segment engages in the provision of integrated engineering services for power station projects and other industries, financial products and services, international trading services, financial lease and consultancy services and insurance brokerage services. The Other segment includes components such as the central research institute. The company was founded on March 1, 2004 and is headquartered in Shanghai, China.
Market Price at 16-01-2018
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Blog posts that reference Shanghai Electric Group Company:
Financial advisers are no longer focusing mainly on traditional mining and banking stocks and are instead looking at service industries.
In April 2013, banks and resources formed the top seven out of the top ten researched stocks. In March 2014, services formed the top four stocks and five of the top ten. Just one financial stock (ANZ) and one energy stock (Titan Energy Services) were included in the top ten most researched shares.
This change in behaviour with advisers signals that Australian investors are looking further afield, reflecting an increased level of sophistication.