3 H-Shares To Ride On China’s Unification Of Natural Gas Pricing Systems

In late May 2018, China’s National Development and Reform Commission (NDRC) announced that the natural gas pricing system for residential and non-residential city-gate will be unifying to reflect the rising demand and costs. As a result, the residential city-gate prices will increase by 25 percent from 10 June and fixed for the next 12 months. Subsequently, the balance of the price differential may be reflected with an increase of up to 20 percent a year later.