$CHINA GAS HOLD(00384)$
China Gas is a tragedy. As China's urbanization slows down and the real estate industry declines, China Gas is affected. No matter how hard it tries, it cannot escape its fate. In the last fiscal year, there was zero growth in gas pipelines. The company has officially become a public utility, a "cigar butt" economy with a 6% dividend yield that it can maintain in the long term, similar to a electricity power supplier.
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