Analysis-As it reins in wasteful investment, China frets over growth [Yahoo! Finance Canada]
Cool Company Ltd. Common Shares (CLCO)
Company Research
Source: Yahoo! Finance Canada
By Ellen Zhang and Marius Zaharia BEIJING/HONG KONG (Reuters) - China's local governments have fallen behind on their debt issuance plans as scrutiny mounts over potentially wasteful infrastructure investment, fuelling talk that such funds could be used in other areas to stimulate growth back towards target. Investment at a municipal level has for years been one of the most efficient tools to stabilise growth in the world's second-largest economy, whose poor performance in recent months calls for another injection of government stimulus. But not all such investment has been productive, as evidenced by debt rising faster than growth in the past decade Large sums were spent on rail, roads and bridges that draw little traffic and are expensive to maintain. To rein in wasteful spending, authorities have tightened scrutiny on investment projects, especially in China's 12 most indebted provinces. As a result, in the first seven months of this year, local governments have issued o
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CLCO
News
- Cool Company Ltd.: 2024 AGM Results NotificationBusiness Wire
- The COOL Company Ranked Number 314 Fastest-Growing Company in North America on the 2024 Deloitte Technology Fast 500™ [Yahoo! Finance]Yahoo! Finance
- Key Information Relating to the Cash Dividend to Be Paid by Cool Company LtdBusiness Wire
- Cool Company Ltd. Q3 2024 Business Update [Yahoo! Finance]Yahoo! Finance
- Cool Company Ltd. Q3 2024 Business UpdateBusiness Wire
CLCO
Sec Filings
- 11/21/24 - Form 6-K
- 10/25/24 - Form SC
- 9/25/24 - Form 6-K
- CLCO's page on the SEC website